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2024-06-06 10:59:16

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

Taiwan's Economic Stability: Balancing Trade Relationships with the US and Addressing Business Needs of US Firms
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#467fc8d1 ver:0.17

Taiwan is diversifying trade relationships, reducing reliance on China, and strengthening ties with the US. Exports to the US surpassed China in Q1 2024, while investments in China dropped 40% and surged ninefold in the US. Taiwan's strategy aims to reduce vulnerability to Beijing's pressure and build resilience. Taiwanese companies like TSMC are investing in the US, while others diversify manufacturing capacity to India and Vietnam. However, concerns arise about relying too heavily on the US for economic stability. Taiwan must maintain a balanced approach, diversify trade relationships, and address business needs to ensure long-term stability. #Taiwan #US #China #trade #economy...

#newstr #Taiwan #China #Us #Trade #Investment #Diversification #EconomicStability #BusinessNeeds #NaturalDisasters #GridUpgrades

https://here.news/story/467fc8d1?ver=0.17
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