President Ma Ying-jeou wants a deal to keep Taiwan’s exports competitive after a trade agreement between China and the Association of Southeast Asian Nations came into effect this year. Rising Chinese demand for electronics, cement and steel is helping Taiwan emerge from its first recession since 2001. A China trade deal would raise Taiwan’s gross domestic product by as much as 1.72 percentage points, said the Taipei-based Chung- hua Institution for Economic Research. <…more>
Publication Date:2010-01-20
Source: Business Week
Editor: Matthew Brooker, Anne Swardson