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Taiwan’s total fertility rate could drop to a historic low of 0.89 births per woman of a childbearing age this year before replacing South Korea as the economy with the world’s lowest fertility rate by 2035.
Taiwan’s industrial output index fell for the first time in more than two and a half years in September, with production in South Korea and Singapore having also eased due to weak consumer demand caused by the war in Ukraine, high inflation and fallout from China’s zero-Covid policy.
Taipei is discussing relaxing visa and residency rules for foreign professionals under its Taiwan Employment Gold Card with its population set to start declining in 2031 due to a low birth rate and competition from mainland China and Hong Kong.
American Chamber of Commerce (AmCham) in Taiwan survey shows 77 per cent of respondants had not been significantly affected by recent Chinese military drills, which followed Nancy Pelosi’s visit earlier this month.
Why Nancy Pelosi should AND shouldn’t have visited Taiwan