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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2019/11/19

Taiwan Sees Chance to Reclaim High-End Industries Lost to China


Taiwan sees the opportunity to revitalize its economy as a center for advanced manufacturing, reversing decades of investment and know-how outflows across the Taiwan Strait, as the trade war forces technology suppliers to rethink their reliance on China. Taiwanese companies have pledged to invest almost NT$1.2 trillion ($39 billion) at home since the government initiated a program at the beginning of the year to attract investment from local companies with facilities in China, with a focus on high-end industries. The program is credited with helping the Taiwanese economy weather the U.S.-China trade war better than its peers in the region, and Minister without Portfolio Kung Ming-hsin says the impact will be felt by the local economy for years to come.- Bloomberg 

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