Taiwan - Latest News/Current Events, Economic Overview & Trade Relations
AEI | Quick Facts about Taiwan
| Official Name | Taiwan |
| Capital | Taipei |
| Location | Eastern Asia, islands bordering the East China Sea, Philippine Sea, South China Sea, and Taiwan Strait, north of the Philippines, off the southeastern coast of China |
| Area | total: 35,980 sq km land: 32,260 sq km water: 3,720 sq km note: includes the Pescadores, Matsu, and Quemoy |
| Climate | tropical; marine; rainy season during southwest monsoon (June to August); cloudiness is persistent and extensive all year |
| Terrain | eastern two-thirds mostly rugged mountains; flat to gently rolling plains in west |
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KGI Securities To Acquire Taishin Financial Holding Co.
KGI in May said it will buy Taishin's brokerage unit for NT$29 billion. The acquisition will take its market share to 8.34 percent, making it the island's second-largest brokerage after Yuanta Securities, according to the company and data from the Taiwan…
read full newsTaiwan Gets Investment from China
Taiwan will allow investment from mainland China in 100 industries and projects, helping the island's economy to benefit from the warmest cross-strait relations in 60 years. Taiwan will open up 64 sectors in manufacturing, 25 in services and 11 public…
read full newsTaiwan's Credit Rating Cut to Negative
Taiwan's long-term credit rating outlook was cut to negative from stable by Standard & Poor's Ratings Services, which cited concern about the island's government debt burden and banking system.
read full newsUncertainty in Taiwan's Economic Future
Despite signs of improvements in Taiwanese exports, forecasted GDP growth has been declining since the start of 2008. First-quarter statistics for 2009 are expected nevertheless to show sharp overall declines. Export orders in the second quarter are…
read full newsTaiwan exports fall for sixth straight month
Taiwanese exports fell 28.6% in February to $12.59 billion.
read full newsTaiwan, Philippines Sign Four Agreements
Taiwan and the Philippines recently signed four trade and investment agreements during a Joint Economic Conference.
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Trade Agreements