Over the past few decades, China has overwhelmingly received the largest portion of Taiwanese accumulated investments. From 1991 to August this year, approved historic investment into China stood at a whopping US$205.7 billion, with over 45,000 projects involved, the Mainland Affairs Council says in notes emailed to TOPICS. Economists say the real figure may be…
The Western world’s increasing adoption of ChatGPT and other artificial intelligence tools is sparking a surge in investments in generative artificial intelligence. These investments are in turn driving robust demand for high-performance graphics processing units and other semiconductor devices. Technology research firm Gartner has predicted that semiconductors designed to execute AI workloads will present revenue…
As Taiwan enters 2024, its economy faces a mix of challenges and opportunities, with hopes pinned on a tech recovery, shifting global supply chains, and resilient domestic consumption. As Taiwan emerged from the pandemic’s shadow this year, domestic consumers rejoiced at the reopening of restaurants and retail stores. International and inbound travel also arose as…
A domestic #MeToo movement has propelled legal reforms and heightened awareness in Taiwan’s public and private sectors around sexual harassment and gender equality. Taiwan has seen an unprecedented number of sexual harassment allegations this year, marking the first significant wave of a domestic #MeToo movement. Triggered by a sexual harassment storyline in the Taiwanese political…
Taiwan’s life expectancy and infant mortality rates appear to lag behind its neighbors. But a closer look at the data reveals a more complex story influenced by changing reporting practices and societal factors. Taiwan’s life expectancy and infant mortality rate seem to be increasingly lagging behind its neighbors Japan and Korea. The average number of…
The Caoling Historic Trail, which offers some of Taiwan’s most spectacular views of the Pacific Ocean, provides hikers with a rare glimpse into Yilan County’s early Chinese colonization. The Caoling Historic Trail (草嶺古道) is over two centuries old. The path, which today is 10 kilometers long and crosses the border between New Taipei City and…
Taiwanese executives are beginning to realize India’s potential and are exploring new opportunities for investment in the country. India holds enormous potential for Taiwanese companies, but only in recent years are Taiwanese executives beginning to appreciate it. With a population of 1.4 billion, India is poised to overtake China this year as the world’s most…
A recent acquisition in Taiwan’s retail market has raised questions about monopoly effects and caused concern among shoppers used to supermarkets’ wide range of imported foods. In July 2022, French retailer Carrefour announced it had agreed to sell its 60% stake in Carrefour Taiwan to co-shareholder Uni-President, in a transaction valued at US$2.15 billion. Taiwan’s…
The policy, which aims to increase economic exchange with South and Southeast Asia, has produced positive results and is expected to generate more business opportunities next year. Amid global recessionary fears and U.S.-China trade tensions, President Tsai Ing-wen’s signature policy for the broader Asian region, the New Southbound Policy (NSP), is one of Taiwan’s bright…
Chip manufacturers will need to navigate new export controls by the United States and decreased global demand for semiconductors in 2023. In early October, the U.S. announced a sweeping set of export controls that in effect cut China off from advanced semiconductors made with American technology. The move aims to slow Beijing’s technological and military…
