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2024-05-21 17:04:19

India's FDI Decline Continues as US and China Dominate Global Flows on Nostr: Taiwan's Economic Stability: Balancing Trade Relationships with the US ...

Taiwan's Economic Stability: Balancing Trade Relationships with the US
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#467fc8d1 ver:0.16

Taiwan is diversifying trade relationships, reducing reliance on China, and strengthening ties with the US. Exports to the US surpassed those to China, while investments in China dropped and investments in the US surged. Taiwan's strategy aims to reduce vulnerability to Beijing's pressure and build resilience. Taiwanese companies like TSMC are also investing in the US, while others diversify manufacturing capacity to countries like India and Vietnam. However, concerns arise about relying too heavily on the US for economic stability. A balanced approach and diversified trade relationships are crucial for long-term stability. #Taiwan #China #US #trade #economy...

#newstr #Taiwan #China #UnitedStates #Trade #EconomicStability

https://here.news/story/467fc8d1?ver=0.16
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