Local biz must plan for long-term U.S.-China trade battle: experts

Focus Taiwan
Date: 2018/04/05
By: Chiang Ming-yen and Shih Hsiu-chuan

Taipei, April 5 (CNA) Faced with uncertainty over what could happen in the ongoing trade

CNA file photo

disputes between the United States and China, Taiwan will have to walk a tightrope to minimize possible fallout, analysts said Thursday, suggesting Taiwan’s companies should diversify trade and overseas investment to better cope with long-term fluctuations.

In recent weeks the world’s two largest economies have engaged in tit-for-tat measures over such issues as trade tariffs and intellectual property rights that suggested a looming trade war, Kevin Lin (林成蔭), vice president of the investment consultancy firm Caizischool Co., told CNA.

However, it is still most likely that both sides are using this tactic as a bargaining chip in future talks, Lin said.    [FULL  STORY]

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