Inside US-China Trade

Pending China-ASEAN FTA Said To Pressure Taiwan To Complete ECFA

November 18, 2009 at 5:00 AM
The Jan. 1, 2010 entry into force of the recently negotiated free trade agreement (FTA) between China and the Association of South East Asian Nations (ASEAN) is putting pressure on Taiwan to complete its bilateral trade pact with China so that key sectors don't lose Chinese market share to imports from Asian competitors. The sector in Taiwan most likely to be affected by ASEAN competition is the petrochemical industry, multiple sources said this week. The President of the U.S.-Taiwan Business...

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