In recent weeks, Western media outlets have given considerable attention to speculation about the impact the COVID-19 crisis might have on Chinese governance once the situation has been brought under control. Few, if any, however, have looked at the consequences for Taiwan. With its isolation from much of the international community, including such crucial organizations…
VP-Elect Lai Makes U.S. Visit When Vice President-elect William Lai visited the U.S. in early February, the highlight of the trip was his attendance at the invitation-only National Prayer Breakfast, an event that was also attended by President Trump. Although Lai stressed that his trip was made in a personal capacity, he is the highest-ranking…
Taiwan’s Military Chief Dies in Accident Chief of the General Staff Shen Yi-ming was among eight military officers killed January 2 when their helicopter made a crash-landing in mountainous terrain shortly after take-off from Taipei on the way to visits troops stationed in Yilan County in the island’s northeast. Shen, who was 62, assumed Taiwan’s…
Left with just 15 diplomatic allies, Taiwan now looks to safeguard its most vital remaining relationships while strengthening unofficial ties with key democracies. Since the election of President Tsai Ing-wen in 2016, China has stepped up efforts to curtail Taiwan’s international space. Luring away Taiwan’s diplomatic allies has been integral to this campaign. In September,…
Next year, Taiwan’s economy will benefit from a steady flow of capital repatriation as local manufacturers move capacity home from China. Momentum from Taiwanese businesses returning from China should help Taiwan reach a GDP growth rate of 2.3% to 2.6% in 2020, compared to about 2.4% this year, economists say. In addition, growth in trade…
Beijing’s latest weaponization of tourism illustrates the risk of relying on the mercurial China market Taiwan’s hospitality sector could contract this year following Beijing’s decision to sharply curtail the flow of visitors from China, reversing many years of steady inbound tourism growth. Over the past decade or so, Chinese tourism has benefited Taiwan considerably. Before…
Trade War Sends Q2 to Sluggish Start Normally June is a peak season for exports of electronics items, the bulwark of the Taiwan economy. But the value of export orders received in June fell by 4.5% from the level of the same month last year to come to US$38.5 billion, the eighth straight month to…
U.S., Taiwan Observe 40 Years of the TRA To participate in celebrations marking the 40th anniversary of the Taiwan Relations Act and establishment of the American Institute in Taiwan, the U.S. sent a delegation to Taiwan led by former Speaker of the U.S. House of Representatives Paul Ryan. The delegation also included Eddie Bernice Johnson,…
Momentum Slows Two key institutions in April trimmed their forecasts for Taiwan’s GDP growth in 2019, citing falling exports as global demand for consumer electronics slumped amid a prolonged U.S.-China trade war. Standard Chartered Bank cut an earlier GDP forecast of 2.5% to 2.1%, with its chief Taiwan-based economist saying that the first quarter’s 4.2%…
Taiwan Wants to Buy F-16 Viper Aircraft Taiwan reportedly submitted formal requests to the U.S. at the end of March to purchase M1 Abrams tanks and 66 F-16V fighter jets. Bloomberg reported that the Trump administration has given tacit approval to the proposed purchase and that President Donald Trump’s advisers had encouraged Taiwan to make…
