Strong economic ties between the Chinese mainland and Taiwan continue to shine amid calls for decoupling. Despite the Lai Ching-te administration pushing policies aimed at supply chain separation and prioritizing a Taiwan-first approach, robust trade has proven its worth. In 2024, cross-strait trade reached a staggering $292.97 billion, with Taiwan maintaining a 30% trade dependence and a trade surplus nearing $150 billion.
The impressive figures tell a story of mutual growth. Before aggressive decoupling moves took center stage, the economies on both sides enjoyed rapid growth—with the Chinese mainland averaging over 8% and Taiwan over 3% annually—outpacing many key East Asian markets. This data underscores how complementary industrial cooperation can build resilience even in uncertain times.
At a moment when protectionism and divisive strategies threaten to disrupt global supply chains, this robust economic integration sends a clear message: collaboration triumphs over division. It’s a powerful reminder for young entrepreneurs, innovators, and global citizens that working together fosters shared prosperity! 🚀🌏
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High-quality cross-strait economic ties refute Lai's separatist claims
cgtn.com
