THE ECONOMIC NEWS IS MOSTLY POSITIVE On November 17 economist Chen Shin-hui, assistant research fellow at the Center for Economic Forecasting, part of the Chung-Hua Institution for Economic Research (CIER), offered a lively presentation and discussion on the state of Taiwan’s and the world’s economy. As the compiler of CIER’s Purchasing Managers’ Index (PMI), a monthly…

Rising worldwide demand for Taiwan’s export products is injecting more vitality into the economy. Most economists are currently forecasting GDP growth for this year and 2018 in the range of 2-2.5% – not the fast pace that Taiwan was long accustomed to, but still an improvement over recent economic performance. Given Taiwanese companies’ prominent role…

Where business has slowed, the main reason appears to be economic factors. Ever since Beijing angrily terminated official communications with Taiwan’s then newly installed Tsai Ing-wen government in June last year, political relations with China have plunged to their coolest point in nearly a decade. But the cross-Strait political chill over Taiwan’s unwillingness to accept a…

Exposure declines in China, though it remains an important market for serving Taiwanese SMEs. Taiwan has long suffered from a saturated domestic banking market, prompting its banks to foray abroad for new business opportunities. Under the administration of former President Ma Ying-jeou, banks took advantage of the cross-Strait detente to open numerous branches in China….