Focus Taiwan
Date: 10/10/2020
By: Yang Shu-ching, Tsai Fan-min and Matthew Mazzetta

Taipei, Oct. 10 (CNA) Scholars and business representatives gave largely positive reviews of the economic goals President Tsai Ing-wen (蔡英文) announced in her National Day speech on Saturday, but warned that challenges abound as the world seeks to recover from the damage caused by the COVID-19 pandemic.

In her speech, Tsai said that Taiwan's effective handling of COVID-19 gives it an economic advantage heading into the post-pandemic era.

In order to realize that potential, she said, the government is planning to "lead the way forward" with three major economic strategies — to fully participate in the reorganization of global supply chains, to make Taiwan a hub for international capital, talent and digital technology, and to balance economic and social development.

In response to the speech, two economists told CNA that the strategies correctly identify current economic trends, but differed on whether the situation holds more opportunities than risks.    [FULL  STORY]