Taiwan

From Chips to Beyond: Taiwan’s Need for Economic Diversification

By Rachel Chang

The fate of Taiwan's economy hangs in the balance as the semiconductor industry encounters mounting geopolitical pressures from the United States and China. Although Taiwan's dominance in the chip market provides a short-term advantage, it also exposes the economy to vulnerabilities. Taiwan must diversify into other industries in order to achieve a more stable path of growth and development and...

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