By: Huang Chiao-wen and Elizabeth Hsu
Taipei, June 30 (CNA) Taiwan’s dependence on China as a production base has grown in recent years, with the percentage of Taiwan’s export orders made in China or Hong Kong rising nearly 4 percentage points over the past five years, according to the latest statistics.
A total of 47.1 percent of export orders received in Taiwan were produced in China or Hong Kong in 2014, up from 43.8 percent in 2010, the Ministry of Economic Affairs said in its annual survey of overseas production of export orders released Tuesday.
The figure has remained relatively steady since 2011, however, ranging from a low of 46.8 percent in 2011 to a high of 47.4 percent in 2012. [FULL STORY]