Written by Chun-Chien Kuo. By adding fire to the existing US-China Trade War, Covid-19 has accelerated the current economic adjustment pace, along with the need for supply chain reallocation in industries. Thus, industries and firms in Taiwan have responded to adjust their production of diverse parts and components. They have also attempted to establish their own sufficient domestic supply chains. New trends in supply chain reallocation have also emerged, such as localised supply chains, shorten supply chains and digitalisation under the Covid-19 threat.
Written by Michael Reilly. In the medium to long-term, the coronavirus outbreak may turn out to be the high-water mark of foreign investment in China. Even before this, foreign companies were growing increasingly frustrated as the government increased minimum wage levels in provinces such as Guangdong and Fujian, and they also became frustrated with a growing burden of regulations and a bias in favour of domestic companies.
Written by Joseph Bosco. The question now is how Beijing will respond to the Taiwan election results. Will it finally accept the reality that the people of Taiwan are so committed to their own democratic identity that they are “permanently separated politically” from China, as Richard Nixon belatedly observed two decades after his fateful opening to China?
Written by Corey Bell.
The 2019 Yushan Forum, hosted earlier this month by the Taiwan-Asia Exchange Foundation, lived up to its hype as a major forum on Asian trade and security. In a major coup, this year’s programme succeeded in attracting a number of prominent speakers, including Taiwan’s President Tsai Ing-wen, who delivered the event’s opening address, her Vice President Chen Chien-jen, India’s former foreign secretary Shivshankar Menon, and Sandra Oudkirk, the U.S. State Department’s Deputy Assistant Secretary for Australia, New Zealand and the Pacific Islands.