Taiwan says China economic ties make more sanctions unlikely


Taiwan is also having to contend with a slowdown in the global economy, which will likely weigh on demand for its electronics products. - Reuters

TAIPEI (Bloomberg): China’s economic measures against Taiwan are unlikely to have a major impact on trade between the two economies given how closely they’re intertwined, a finance ministry official said.

The electronics industries in both economies are "highly dependent on each other,” and Taiwan is China’s biggest source of imported integrated circuits, Beatrice Tsai, the ministry’s chief statistician, told reporters in Taipei on Monday (Aug 9).

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Taiwan , China , economy , sanctions

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