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US biggest importer of Taiwan’s agricultural products

Friday, 03 June 2022 05:11 Taipei Times

Former US secretary of state Hillary Rodham Clinton, center, tries bubble tea at Kung Fu Tea inside the Queens Crossing mall in New York City on April 17, 2016.
Photo: AFP

The US for the first time became Taiwan’s largest market for exports of agricultural products, with outbound shipments in the first quarter surging 33.3 percent to US$23.2 million from a year earlier, the Council of Agriculture (COA) said yesterday.

Taiwan and US to launch trade talks

Thursday, 02 June 2022 04:28 Taipei Times

From left, Minister of Foreign Affairs Joseph Wu, Executive Yuan spokesman Lo Ping-cheng, Minister Without Portfolio John Deng and Minister of Economic Affairs Wang Mei-hua attend a news conference in Taipei yesterday.
Photo: Lee Hsin-fang, Taipei Times

Taiwan and the US yesterday announced that they would commence negotiations on a new trade agreement, dubbed the “Taiwan-US Initiative on 21st-century Trade,” signaling a breakthrough after Taiwan was excluded from a US-led regional trade framework.

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2015-12-26 Taiwanese Shrine Initation & Marytr-Spirit Enshrine Ceremony

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Newsflash

A Taiwanese businessman investing in China was shocked when he found that a 50 million yuan (US$8 million) loan he applied for from the China Construction Bank (CCB) more than a year ago actually went into a unrelated business in China and was used as collateral for another 90 million yuan loan.

The 73-year-old Chen Hsi-so (陳細鎖) said that on the recommendation of a friend, he opened a lime absorbent plant in Wuping District, Longyan, in China’s Fujian Province last year, and applied for a 50 million yuan loan from CCB’s branch in Wuping.