Written by Min-Hua Chiang. Businesses and entertainers have been forced to adhere to the “One-China Policy”, and from 1st August 2019 Chinese nationals from 47 cities in China were prohibited to visit Taiwan on an individual basis. China’s new tourism restraint is another attempt to intimidate Taiwan.
Taiwanese officials estimated a reduction of NT$18,000 million (US$574 million) in tourism revenue and a fall of 0.1% GDP following China’s new tourism policy. Looking at the statistics in detail, the impact on Taiwan’s economy is limited.