Political shifts in Taiwan: Assessing Economic Trajectory
Synopsis:
DPP’s presidency win and KMT’s legislative majority highlight Taiwan’s evolving political landscape
Global demand woes impact exports, particularly in the chip industry while cross-strait relations remain uncertain
Taiwan’s stock market soared by 27% in 2023, but pre-election uncertainties suggest cautious trading pre- inauguration
The Covid-19 Induced Global Chip Shortage
When Covid-19 hit the world in early 2020, a pall of gloom hung over the global economy and uncertainty ruled the day. The future was pretty much unchartered and countries and companies around the globe started swinging in the dark. The current chip shortage is the result of the unexpected ways in which the global industries’ demand has played out for the chips.
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