U.S.-China Trade War Draws Attention News reports indicate that at a number of Taiwanese firms are considering abandoning their Chinese production bases and returning to Taiwan to avoid being caught in the U.S.-China trade war. Although Taiwan has not been directly targeted by either country, many Taiwanese manufacturers have moved their production sites to China,…

Positive Indications on the Trade Front Given Taiwan’s heavy reliance on international trade for its economic momentum, the past several weeks brought some encouraging news. Announcement of Taiwan’s trade figures for July showed that exports had continued to increase for the fifth consecutive month. At US$29.36 billion, export value in July was 4.7% higher than…

Momentum Continues On Export Growth The Taiwan economy continued its upward momentum through the first quarter of 2018 as exports maintained their double digit gains, unemployment stayed low, and consumer and business confidence remained high. On the back of International Monetary Fund (IMF) forecasts of rising global trade and growth, analysts expect Taiwan’s trade impetus to…

The Five Shortages refers to Taiwan’s lack of sufficient land, water, power, manpower, and talent to meet its need for continuing economic growth. The term was first coined by the Chinese National Federation of Industries (CNFI) in its 2015 white paper, and the umbrella organization of Taiwanese manufacturing associations continues to call upon the government…

Most member companies of the Chamber are optimistic about Taiwan’s economy and their own profitability over the next three years, but business leaders have serious concerns about energy, the labor law and the way regulations are made. Those were the major findings of the 2018 Business Climate Survey, conducted for AmCham by PwC Taiwan. The…