Taiwan’s Surprising Drop in Trade Dependence on Mainland China
Although elected with a clear mandate to decrease Taiwan’s trade dependence on mainland China, President Tsai Ing-wen met with limited success in her attempt during the first term of her presidency. Indeed, China’s proportion of Taiwan’s overall exports reached an all-time high (43.9 percent) in 2020. However, even without a large-scale government intervention since then, … Read more