Focus Taiwan
Date: 2017/10/09
By: Justin Su, Liao Yu-yang and Kuan-lin Liu

Taipei, Oct. 9 (CNA) The Legislative Yuan’s Budget Center has found that Taiwan has

CNA file photo

grown increasingly reliant on the U.S. for imports of technological products and know-how over the last decade, sparking concerns that the growth of the country’s industries is being restrained, according to a report issued Monday.

According to the report, the Budget Center found that Taiwan’s reliance on U.S. technology imports has risen from 36.26 percent in 2002 to 76.24 percent in 2014, while reliance on such imports from other countries that are not major sources of Taiwan’s technical knowledge has fallen from 23.56 percent in 2002 to 8.39 percent in 2014.

This suggests an increasing reliance on one country for technical expertise, which is seriously limiting for Taiwan’s industries and exacerbates the country’s growing technology trade deficit.    [FULL  STORY]