Taiwan reduces reliance on China, increases exports to US, and invests in US semiconductors amid China-US rivalry.
Taiwan is reducing its reliance on China as it seeks closer ties with the US, exporting more goods to the US than China in Q1 2021, amid intensifying China-US rivalry. Taiwanese semiconductor firms are ending their operations in China and boosting investment in the US. Taiwan's shift reflects efforts to reduce reliance on Beijing, insulate from Chinese pressure, and forge closer economic ties with the US, its strongest ally.
May 17, 2024
14 Articles