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  • Cross-strait trade focus of Taiwan Chamber’s Beijing visit

    Explore the latest developments in cross-strait relations as Taiwanese and Chinese business leaders aim to deepen economic ties and investment. This visit marks a step toward enhancing trade and cultural exchanges.
    1天前
  • Matt Pottinger presents new book to Taiwan’s president

    Explore the strategic discussions between former U.S. Deputy National Security Advisor Matt Pottinger and Taiwan’s President Lai Ching-te on deepening U.S.-Taiwan economic and trade relations and defending Taiwan’s sovereignty.
    2024/06/14 14:35
  • Taiwan seeks closer economic ties with Europe: President Lai

    Taiwan President Lai Ching-te underscores commitment to EU cooperation, highlights record trade volumes, and seeks economic partnership at Europe Day dinner in Taipei.
    2024/06/14 13:57
  • President Lai graces Time cover, discusses Taiwan-China ties

    Discover insights from President Lai Ching-te’s exclusive interview with Time Magazine, where he discusses Taiwan’s stance on cross-strait relations, its international position, and the importance of global support for Taiwan’s democracy and freedom.
    2024/06/14 10:04
  • Chinese Premier begins diplomatic tour in New Zealand

    Discover the details of Chinese Premier Li Qiang’s diplomatic tour to New Zealand, Australia, and Malaysia, aiming to strengthen ties and promote regional peace. Learn about the significance of his visits and the focus on economic and trade exchanges.
    2024/06/13 10:06
  • China to suspend tariff benefits for 134 Taiwanese products

    Discover the latest on China’s suspension of preferential tariff rates for 134 Taiwanese products starting June 15, escalating cross-strait tensions. Learn about the economic and political implications of this significant shift.
    2024/05/31 13:03
  • Asian leaders agree to resume FTA talks at trilateral summit

    Discover the latest developments from the China-Japan-South Korea Trilateral Summit, where leaders agreed to resume FTA negotiations and enhance the investment environment, marking a pivotal moment for regional economic ties and stability.
    2024/05/27 17:51
  • Taiwanese president to discuss peace with U.S. delegation

    Discover the details of Taiwanese President Lai Ching-te’s upcoming meeting with a U.S. delegation led by Michael McCaul to discuss peace, stability in the Indo-Pacific, and Taiwan-U.S. economic ties.
    2024/05/27 10:36
  • Washington state renews driver’s license deal with Taiwan

    Discover how Washington state’s renewal of its driver’s license reciprocity agreement with Taiwan strengthens bilateral ties and benefits over 5,000 Taiwanese residents. Learn about the decade-long partnership and its impact on economic relations.
    2024/05/23 11:22
  • Slovakia eyes Taiwan’s tech and trade advancements

    Discover how Slovakia is deepening ties with Taiwan, focusing on economic, trade, and technological advancements. This move comes as Taiwan welcomes new leadership, with both nations eyeing stronger democratic and economic collaboration amidst challenges.
    2024/05/23 10:17
  • Taiwan’s machine tool exports dip amid global challenges

    Explore the impact of geopolitical risks, trade frictions, and inflationary rate hikes on Taiwan’s machine tool exports in April, as reported by the TMBA, with a significant decline in export value compared to the previous year and the preceding month, highlighting the global economic challenges faced by the industry.
    2024/05/09 17:14
  • President Tsai promises support for Taiwan’s industry growth

    President Tsai Ing-wen commits to supporting Taiwan’s industry development, highlighting the country’s export success and plans for post-pandemic recovery. Tsai vows to deepen global economic ties, recognizing the National Importers & Exporters Chamber of Commerce’s role in driving economic growth amidst challenges. Taiwan aims to enhance international competitiveness through agreements with the U.S., U.K., Canada, and others, promoting a prosperous future for Taiwanese industries.
    2024/05/06 17:18
  • MOFA: CPTPP a gateway to boost supply chain resilience

    Taiwan is actively pursuing membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to enhance supply chain resilience and global economic security, with efforts including hosting seminars in Canada and gaining support from Canadian officials amidst potential opposition from Beijing.
    2024/04/30 15:42
  • Eased trade, travel restrictions to bolster ties: China

    China has announced the lifting of its ban on several agricultural and fishery products from Taiwan, signaling a potential thaw in cross-strait relations and fostering hopes for increased economic and cultural exchanges.
    2024/04/29 17:57
  • Cross-Strait relations tense over ECFA tariff changes

    Taiwan’s Mainland Affairs Council warns that China’s reduced tariff concessions under the ECFA could harm cross-strait companies, criticizing China’s trade sanction threats and efforts to attract Taiwanese youth with housing and entrepreneur parks.
    2024/04/26 13:25
  • Investments in SE Asia soar as market potential grows

    Taiwanese companies are increasing their investments in Southeast Asian countries, capitalizing on the region’s rising consumer purchasing power and strategic economic opportunities. Investments under the New Southbound Policy have seen a dramatic increase in 2024, with significant contributions from key players like Foxconn.
    2024/04/19 16:55
  • EU appoints Lutz Güllner as new representative in Taiwan

    Lutz Güllner, head of the EEAS Strategic Communication Division, appointed as European representative in Taiwan and head of the European Economic and Trade Office in Taiwan, signifying EU’s commitment to strengthening ties with Taiwan in trade and strategic communication.
    2024/04/17 15:43
  • Former U.S. executive shares 30 years experience in China

    Former American executive Mark Atkeson shares insights from his 30 years in China, discussing the significant role of the private sector, the state of the electric vehicle industry, and advocating for reduced government control.
    2024/04/11 18:16
  • Taiwan’s economy glows green for stability in February: NDC

    Taiwan’s NDC reports economic stability with a green light status for February, driven by production and export improvements linked to AI themes. Officials anticipate continued growth in March, citing positive trends in manufacturing, consumer confidence, and foreign trade. Investment in emerging technologies and R&D, along with steady public investment, are expected to sustain momentum.
    2024/03/28 17:54
  • Taiwan, France hold talks to elevate economic ties

    The inaugural Taiwan-France High-Level Economic and Trade Dialogue, led by Taiwan’s Minister of Economic Affairs, Wang Mei-hua, discussed cooperation in semiconductors, AI, and electric vehicles. French officials agreed to integrate industrial and economic cooperation meetings, with a focus on supply chain opportunities in renewable energy and the space industry. Bilateral trade between Taiwan and France reached a record high of $60.9 billion last year, with significant investments from both sides.
    2024/03/27 14:34
  • Taiwan eyes membership in CPTPP with Canada’s support

    Learn about Taiwan’s bid to join the CPTPP and its potential impact on global trade and economic security. Taiwan’s efforts to strengthen supply chain cooperation with Canada and seek inclusion in the trade agreement are highlighted.
    2024/03/26 16:06
  • Experts positive on Taiwan’s export performance in 2024

    Taiwan’s currency faces depreciation as the Federal Reserve’s interest rate hikes continue. Experts weigh in on potential impacts on exports and inflation, with anticipation for future Fed decisions. Stay updated on Taiwan’s economic landscape.
    2024/03/05 17:32
  • Tsai Ing-wen touts Taiwan’s NT$2.17T investment success

    President Tsai Ing-wen highlights the success of Taiwan’s investment incentives projects, which have attracted over NT$2.17 trillion in investments and created over 140,000 jobs. Speaking at a Lunar New Year event, Tsai emphasizes the importance of Taiwanese businesses in driving economic development and emphasizes Taiwan’s global reach and reliability as an international partner. She also discusses Taiwan’s efforts to improve infrastructure and expand external relations, including trade cooperation with the U.S. and U.K. Tsai calls for the preservation of the peaceful and stable status quo in the Taiwan Strait and expresses a commitment to upholding democracy and seeking cross-strait dialogues. The event was attended by government officials and over 300 Taiwanese businessmen living and working in China.
    2024/02/16 16:38
  • Taiwan’s exports hit top-three record despite 2023 dip

    Taiwan’s export performance reached a historic high from 2021 to 2023, but experienced a 9.8% decline in 2023 compared to the previous year, according to the Ministry of Finance. Despite this setback, exports to the U.S. continued to soar with a 49.7% year-on-year increase, while exports to countries covered by Taiwan’s New Southbound Policy also saw significant growth. However, exports to mainland China decreased to 35.2%. Taiwan’s total export tally for 2023 amounted to US$432.48 billion, ranking behind only 2022 and 2021. The demand for communications and electronic products during the pandemic-induced work-from-home trend boosted Taiwan’s exports. The Taiwan Institute of Economic Research predicted significant international trade growth in 2024, which would benefit export-oriented economies like Taiwan. In December 2023, Taiwan’s exports to the U.S. reached $8.49 billion, and exports to southern countries surged by over 50%. However, due to the limited coverage of free trade agreements (FTAs), many traditional Taiwanese industries chose to restructure risks and production in Southeast and South Asia. The return of Taiwanese businesses and the expansion of local factories after the U.S.-China trade war, as well as global economic circumstances, significantly impacted the decline in 2023 exports. The Directorate General of Budget, Accounting and Statistics (DGBAS) estimated the first-quarter export volume for 2024 to be around US$106.1 billion, which is an improvement compared to the same period in 2023, but a 10% decrease from 2022.
    2024/02/15 10:49
  • Taiwan eyes stronger ties with UK post-Brexit

    Following the United Kingdom’s departure from the European Union (EU), Taiwan’s representative to the UK, Vincent Yao, stated that Brexit has allowed the UK to establish closer economic ties with Taiwan, potentially helping Taiwan resist China’s attempts to isolate it. Taiwan is also increasingly investing in the UK, with the goal of becoming the UK’s primary trading partner in Europe. Additionally, strengthening UK-Taiwan trade relations could benefit the UK by providing access to Taiwan’s key industries, such as semiconductors. The bilateral relationship between Taiwan and the UK is reflected in the increase of UK government officials posted to Taiwan and the expansion of the UK office in Taipei. Collaboration between the two countries extends to areas such as artificial intelligence, offshore wind power, and electric vehicle batteries. However, there is still room for further development in bilateral cooperation.
    2024/01/30 12:41
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