Moody’s Investors Service has warned that continued lack of communication between Taiwan and China will eventually damage Taiwan’s export-reliant trade. Venerated credit rating firm Moody With Taiwan’s trade with China having dropped from $130bn in 2014 to $115bn last year, Moody’s expressed concerns that the uncertain relationship between the two countries could dampen co-operates’ willingness to trade and invest in Taiwan, as they may choose to prioritise their relationships with China. The Straits Times
Moody’s Investors Service has warned that continued lack of communication between Taiwan and China will eventually damage Taiwan’s export-reliant trade. With Taiwan’s trade with China having dropped from $130bn in 2014 to $115bn last year, Moody’s expressed concerns that the uncertain relationship between the two countries could dampen co-operates’ willingness to trade and invest in Taiwan, as they may choose to prioritise their relationships with China. The Straits Times