BizBeat Ep.34: Taiwan’s economy cannot be separated from the Chinese mainland

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  • CGTN published this video item, entitled “BizBeat Ep.34: Taiwan’s economy cannot be separated from the Chinese mainland” – below is their description.

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    https://news.cgtn.com/news/2021-02-08/Taiwan-s-economy-cannot-be-separated-from-the-Chinese-mainland-XINEFkPaMM/index.html

    Taiwan’s economic dependence on the Chinese mainland is growing, whether or not the ruling Taiwan Democratic Progressive Party administration is willing to admit it. Official data shows that total import and export between the mainland and Taiwan grew over 14% to $260 billion in 2020. Why are Taiwan’s dreams of independence a dead end? Here’s CGTN anchor Zheng Junfeng’s answers.

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    In This Story: Taiwan

    Taiwan, officially the Republic of China, is a country in East Asia. Neighbouring countries include the People’s Republic of China to the northwest, Japan to the northeast, and the Philippines to the south.

    The political status of Taiwan is complicated. The Republic of China (ROC) is no longer a member of the UN, having been replaced by the People’s Republic of China (PRC) in 1971. Taiwan is claimed by the PRC, which refuses diplomatic relations with countries that recognise the ROC. Taiwan maintains official diplomatic relations with 14 out of 193 UN member states and the Holy See.

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