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TAITRA Says Local Business People Prepared for Trade War
Posted on 2018-07-12 14:55:13
A Taiwan business group is expressing optimism in the face of the US-China
trade war.

The Taiwan External Trade Development Council, or Taitra, says most Taiwanese
businessmen in China are mentally prepared for the conflict.

But Taitra official Lin Fang-miao also reminds Taiwan businesses that the
situation is changing fast amid escalating tensions between the world's two
biggest economies.

Lin says China plus Hong Kong remained Taiwan's biggest export market last
year, amounting to 41-percent of the total.

She says reducing dependence on China's market doesn't mean that Taiwan
should reduce its exports there but rather to expand to other markets.

That said, Taitra still scheduled more than a dozen important events this
year to help Taiwanese businesses keep track of the fast developing Chinese
market.

(JL)



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