Focus Taiwan
Date: 2015/04/10
By: Huang Chiao-wen and Scully Hsiao
Taipei, April 10 (CNA) A free trade agreement between China and South will begin to hurt
Taiwanese exporters are expected to lose an estimated US$6 million to US$17 million in orders to South Korean rivals in the year after the pact takes effect, pulling down economic growth by 0.04 percent, according to a ministry report on the deal’s impact on Taiwan.
Losses will increase to between US$1.92 billion and US$4.25 billion within a decade after the agreement is put in place, the report forecast. [FULL STORY]