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Taiwan economy

Two men died in February after their boat was pursued by the Taiwanese coastguard. Photo: Coast Guard Administration’s Kinmen-Matsu-Penghu Branch

Mainland China and Taiwan reach deal to resolve crisis over fishing crew deaths

More than a dozen rounds of sometimes acrimonious talks end with agreement on compensation to families and return of remains.

More than a dozen rounds of sometimes acrimonious talks end with agreement on compensation to families and return of remains

30 Jul 2024 - 7:08PMvideocam

‘India, why not?’: Taiwan’s firms roll out welcome mat, but ‘prejudices’ lurk

29 Jun 2024 - 6:30PM

Hedging risk, Taiwan’s hi-tech sector drifts towards India, Thailand, Vietnam

13 Jun 2024 - 8:00AMvideocam

AI computing pushes Taiwan’s geopolitics-weary tech sector into party mode

Taiwan’s trade data already reflects the rising global popularity of AI-optimised consumer electronics – a point hammered home at the recent Computex Taipei trade show.

8 Jun 2024 - 6:06PMvideocam

Nvidia CEO Jensen Huang poses for a selfie with members of the media at the Computex Taipei trade show in Taiwan on Tuesday. Photo: Reuters

Which needs do American firms in Taiwan say are not being met?

AmCham Taiwan’s annual paper flags urgent need to address natural disasters and talent shortages, with a desire to see continued defence support from Washington.

6 Jun 2024 - 6:30PMvideocam

Mainland China suspends tariff arrangements on 134 items under Taiwan trade deal

Mainland China announced on Friday a suspension of some preferential tariff arrangements under its Economic Cooperation Framework Agreement with Taiwan.

31 May 2024 - 5:42PMvideocam

As tensions chip at Taiwan’s ‘silicon shield’, semiconductor superiority may shift

The risk of cross-Strait conflict with mainland China appears to be chipping away at Taiwan’s long-held dominance in the semiconductor industry, underpinning a sense of urgency in diversifying hi-tech supply chains.

23 May 2024 - 12:56PMvideocam

Beijing woos Taiwan hearts and minds with Fujian-Matsu investment package

Multimillion-dollar plan unveiled days before Monday’s presidential inauguration of independence-leaning DPP’s William Lai.

17 May 2024 - 5:10PMvideocam

Taiwan-US trade talks enter second phase, bolstering ties and vexing Beijing

Trade talks between Taiwan and the United States for a phase-two deal have begun, with progress likely to be ‘harder’, analysts say, as more contentious topics fall under the microscope.

3 May 2024 - 7:00PMvideocam

KMT’s Fu Kun-chi returns to Taiwan with peace mission for William Lai

Lai must deflect the risk of war by improving relations with mainland China, Fu says after trip to Beijing.

29 Apr 2024 - 8:00PMvideocam

Fu Kun-chi (centre front), the legislative caucus leader of the main opposition Kuomintang, returns from the mainland. Photo: CNA

‘Strategic shift’ as US overtakes mainland China as Taiwan’s top export market

Taiwan’s exports to the US in the first quarter beat shipments sent to mainland China, with analysts pointing to a ‘strategic plan’ by Washington to construct and lead a world supply chain and market order.

25 Apr 2024 - 9:20AMvideocam

Taiwan’s exports to the US in the first quarter beat shipments sent to mainland China. Photo: Shutterstock

Incoming Taiwan cabinet to feature fresh faces but security left to old hands

William Lai Ching-te’s ministerial team is expected to show Lai has no desire to alter cross-strait status quo: analysts.

20 Apr 2024 - 10:00AMvideocam

Taiwan semiconductor veteran named as economy minister

Next government has signalled it will continue current policy of diversifying trade links and developing core industries, including cybersecurity and defence

16 Apr 2024 - 9:53PMvideocam

A second KMT leader from Taiwan plans a visit to mainland China next week

The trip by Hau Lung-bin, a former mayor of Taipei, to take part in a tribute in Zhengzhou to the Yellow King will come as former Taiwan president Ma Ying-jeou finishes an 11-day ‘journey of peace’ to the mainland.

4 Apr 2024 - 2:56PM

Hau Lung-bin, a former mayor of Taipei, said he planned to travel to Henan province next week. Photo: CNA

Research finds mainland China, G7 sanctions over Taiwan would be lose-lose

Researchers have released their findings on the likely devastating responses taken by G7 countries as well as mainland China if tensions over Taiwan turned for the worse.

2 Apr 2024 - 3:23PMvideocam

A study has found G7 sanctions and mainland China’s response to a hypothetical escalation in cross-strait tensions would be devastating to the global economy. Photo: US Navy

Taiwan firms in mainland China turn ‘more cautious’ as moves intensify: survey

Geopolitical tensions, coupled with a weakened and more uncertain business environment on the mainland, continue to take a toll on investor confidence among Taiwanese investors.

15 Mar 2024 - 8:00AMvideocam

As mainland China seeks more Taiwanese money, why aren’t more listening?

Mainland China is seeking to further integrate with Taiwan economically after Taiwanese approved investments fell to a 22-year-low in 2023.

10 Mar 2024 - 7:00AMvideocam

Export growth sputters for tech powerhouse Taiwan, but rise reaches fourth month

Taiwan exports grew by a mere 1.3 per cent in February, though it still represented a fourth straight month of gains after having slipped for most of 2023.

8 Mar 2024 - 6:29PM

Taiwan already produces around 60 per cent of the world’s semiconductors, including the most advanced. Photo: Getty Images

Taiwan’s hi-tech export orders resume rise in January as world gears up for AI

Orders by value topped US$48 billion last month, and these also include purchases of semiconductors, electronics for cars, and electric vehicle components.

28 Feb 2024 - 12:33PM

KMT deputy chief Andrew Hsia starts mainland China trip with call for dialogue

Hsia says he has no plans to meet mainland officials but is open to the possibility and would express condolences over the death of two mainland fishermen near Quemoy

26 Feb 2024 - 8:00PMvideocam

‘The dream is they’d all be unicorns’: YouTube co-founder eyes Taiwan talent

Following many lucrative years in California, YouTube co-founder Steve Chen has come back to his home of Taiwan to build bridges between the island’s tech talent and the experience and resources of Silicon Valley.

16 Feb 2024 - 12:00PMvideocam

Taiwan has been hailed by YouTube co-founder Steve Chen as an untapped resource for tech talent, and a potentially lucrative partner for Silicon Valley. Photo: Elson Li

Taiwan expects US$7.3 billion in AI investments in 2024, exports expand again

Taiwan’s exports expanded for a third straight month in January, with shipments of electronic components rising by 7.5 per cent compared to a year earlier.

7 Feb 2024 - 6:49PM

Taiwan’s exports of electronic components – 92 per cent of which are chips – rose by 7.5 per cent in January. Photo: Getty Images

US firms in Taiwan adapt by picking local partners as investments grow: AmCham

Investments in Taiwan from the United States reached US$932 million last year, up from US$398 million in 2022 and hitting the highest single-year total since 2008, according to official Taiwan figures.

31 Jan 2024 - 10:00AM

Taiwan export orders plunge as global inflation fears outpace demand for AI gear

December was not kind to Taiwanese manufacturers, and for all of 2023 the island’s export orders shed 15.9 per cent, year on year, to US$561 billion.

23 Jan 2024 - 9:25AM

Eyeing fix for talent shortage, Taiwan opens door wider for foreign graduates

Aiming to plug a talent shortage, Taiwan has extended the period foreign university students are allowed to stay on the island after graduating to search for a job to two years.

17 Jan 2024 - 7:00AMvideocam

Most international students come from Southeast Asia due to Taiwan’s New Southbound Policy. Photo: Shutterstock Images

Taiwan-mainland China investment hits 22-year valley as relations sour

With cross-strait relations at their frostiest in years, Taiwan reported historic lows for two-way investment with mainland China – but some companies are still attempting to set up or continue operations.

15 Jan 2024 - 8:00PMvideocam

Taiwan is moving investment and activity away from mainland China to avoid heightened geopolitical tensions. Photo: Shutterstock

Taiwan’s Tsai Ing-wen leaves tough legacy for president-elect William Lai

Observers said Tsai’s record on cross-strait relations, which deteriorated during her time in office, could create challenges for Lai, whose pro-independence stance might make him less willing to compromise with Beijing.

15 Jan 2024 - 5:10PMvideocam

Taiwan chip sector is ‘world’s common asset’: president-elect William Lai

‘China and other countries must also cherish’ Taiwan’s role in global chip industry, Lai says after victory on Saturday.

14 Jan 2024 - 3:23PMvideocam

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Taiwan economy

Taiwan’s US$800 billion export-reliant economy depends largely on manufactured exports. Headline products include semiconductor chips, consumer electronics and machinery following the half-decade-old development of a hi-tech sector that supplies top brands such as Apple.