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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.
Orders by value topped US$48 billion last month, and these also include purchases of semiconductors, electronics for cars, and electric vehicle components.
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.
In this issue of the Global Impact newsletter, we look back at how William Lai Ching-te won Taiwan’s presidential election and ponder what the results mean for relations with mainland China and beyond.
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.