With only two months remaining before next year’s presidential election, more negative views of Taiwan’s economic growth and social development are coming from the Chinese Nationalist Party (KMT), even though Taiwanese stocks have continued rising, exceeding 11,500 points last week, and the nation’s GDP growth has been surpassing expectations and may outpace regional trade rivals this year.
Taiwan’s economic development is moving in the right direction, as the US-China trade dispute has been a wake-up call, and the Democratic Progressive Party (DPP) government has responded with efforts to entice companies away from China to invest in Taiwan.