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Three Taipei restaurants to bear in mind when hankering for the food of northern China. Photos by Matthew Fulco Over the years it has become harder to find authentic northern Chinese restaurants in Taipei. Restaurant founders who arrived in Taiwan with Chiang Kai-Shek and the Kuomintang government more than 65 years ago have nearly all…

Volkswagen will recall nearly 18,000 cars in Taiwan affected by the company’s diesel emissions scandal from January 1, the German automaker’s Taiwan branch announced in November. News of the scandal broke in September when the U.S. Environmental Protection Agency (EPA) revealed that diesel-powered Volkswagen cars sold in the United States were equipped with illegal software…

State coffers are benefiting from a rise in tax revenue, but Taiwan’s tax-to-GDP ratio remains among the lowest in the developed world. Revisions to tax policy are bringing increased revenue into Taiwan’s national treasury, giving a boost to public finances as the government grapples with ballooning debt and anemic economic growth. Analysts and the government…

Expeditious reform of the public finance system is necessary to prevent mounting debt from crimping future economic growth. Taiwan’s public finances are increasingly strained by debt, aggravating the island’s fiscal woes as it struggles with flagging exports and weak GDP growth. Last year, the central government’s debt reached NT$5.28 trillion (US$161 billion). At 35.85% of…