Due to the extended trade conflict between the US and China, and the concern over its effect on Taiwan's economy, the Bureau of Foreign Trade invited Professor Peter C.Y. Chow from the City University of New York to share his research results and views on the matter on January 2, 2019. The seminar focused on analyzing the US-China Trade War's spillover effects on Taiwan using economic models and explored the prospects of the US-Taiwan Partnership.
Professor Chow pointed out that the trade conflict poses a challenge as well as an opportunity for Taiwan's industrial restructuring. The short term effects of US tariffs on Chinese imports are tolerable. While the long term effects may re-direct the FDI strategies and designated offshore production sites of Taiwanese companies.
Professor Peter C.Y. Chow from the City University of New York presenting for the seminar at the Bureau of Foreign Trade.
Professor Peter C.Y. Chow of the City University of New York, Director General Jenny Yang and colleagues from the BOFT in a photo after the seminar.