Taiwan Was Having a Terrific U.S.-China Trade War Until Coronavirus Arrived

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In The Media

Taiwan Was Having a Terrific U.S.-China Trade War Until Coronavirus Arrived

Taiwan is a victim of its past success—dominating important industries, such as semiconductors, but underinvesting in the new fields.

By Evan A. Feigenbaum and Jeremy Smith

Published on Apr 28, 2020

Source: National Interest

Before the coronavirus hit, Taiwan’s 2019 headline growth figures were nothing short of stellar. Its economy grew at an impressive 3.31 percent during the fourth quarter of 2019, propelling President Tsai Ing-Wen into her second term on a high note and giving Taiwan businesses a boost.

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This article was originally published by the National Interest.

About the Authors

Evan A. Feigenbaum

Vice President for Studies

Evan A. Feigenbaum is vice president for studies at the Carnegie Endowment for International Peace, where he oversees work at its offices in Washington, New Delhi, and Singapore on a dynamic region encompassing both East Asia and South Asia. He served twice as Deputy Assistant Secretary of State and advised two Secretaries of State and a former Treasury Secretary on Asia.

Jeremy Smith

Former James C. Gaither Junior Fellow, Asia Program

Jeremy Smith was a James C. Gaither Junior Fellow with the Asia Program.

Political Reform Economy Trade Foreign Policy East Asia Taiwan

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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