Taiwan Reduces Reliance on China, Deepens Economic Ties with the US
===============
#467fc8d1 ver:0.15
#Taiwan is reducing reliance on #China and deepening economic ties with the #US. Q1 2024 saw Taiwan's exports to the US surpass exports to China, while investments in China dropped 40% and investments in the US surged ninefold. This shift aims to reduce vulnerability to Beijing's pressure and diversify supply chains. Taiwan Semiconductor Manufacturing Company plans to invest $65 billion in the US, and other Taiwanese companies are diversifying manufacturing capacity to countries like India and Vietnam. These efforts reflect Taiwan's strategy to strengthen ties with the US and reduce reliance on China....
#newstr #Taiwan #China #Us #Trade #Economy
https://here.news/story/467fc8d1?ver=0.15
India's FDI Decline Continues as US and China Dominate Global Flows /
npub1g0…2akte
2024-05-20 17:03:24
Author Public Key
npub1g073zm6cea7ddu863apwtsjgha6erxdj7zknfstjfhwdnc3v4mgs92aktePublished at
2024-05-20 17:03:24Event JSON
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"content": "Taiwan Reduces Reliance on China, Deepens Economic Ties with the US\n===============\t\n#467fc8d1 ver:0.15\n\n#Taiwan is reducing reliance on #China and deepening economic ties with the #US. Q1 2024 saw Taiwan's exports to the US surpass exports to China, while investments in China dropped 40% and investments in the US surged ninefold. This shift aims to reduce vulnerability to Beijing's pressure and diversify supply chains. Taiwan Semiconductor Manufacturing Company plans to invest $65 billion in the US, and other Taiwanese companies are diversifying manufacturing capacity to countries like India and Vietnam. These efforts reflect Taiwan's strategy to strengthen ties with the US and reduce reliance on China....\n\n#newstr #Taiwan #China #Us #Trade #Economy \n\n https://here.news/story/467fc8d1?ver=0.15",
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