Strathclyde Associates: Taking A Look at Taiwan’s Economy

Strathclyde Associates: Taking A Look at Taiwan’s Economy Strathclyde Associates: Taking A Look at Taiwan’s Economy - Taiwan is recovering rapidly from last year’s recession. Its semi-conductor industry is doing well and there is very little inflationary... More

Strathclyde Associates: Taking A Look at Taiwan’s Economy Strathclyde Associates: Taking A Look at Taiwan’s Economy - Taiwan is recovering rapidly from last year’s recession. Its semi-conductor industry is doing well and there is very little inflationary pressure in the economy. Taiwanese, however, are concerned about their linkages with the mainland China. President Ma Ying-jeou played down fears that a planned free-trade pact with China would leave Taipei over-reliant on China, saying the deal could lead to similar ones with other countries that would help diversify the island’s economy. Strathclyde Associates: Taking A Look at Taiwan’s Economy - The planned agreement, known as the Economic Cooperation Framework Agreement, would pull down many of the remaining barriers to trade and investment between Taiwan and China, which have already expanded economic ties in recent years after decades of hostility. It is estimated that the agreement will raise Taiwan’s gross domestic product Less