Bloomberg Daybreak: Asia Edition
Taiwan Vice Premier Cheng Li-chiun on US Relations
Feb 28, 2025
Taiwan Vice Premier Cheng Li-chiun discusses the crucial need for strengthening US-Taiwan relations, particularly in tech R&D and defense. Adam Koons, Chief Investment Officer at Winthrop Capital Management, shares insights on the impact of tariffs and the semiconductor market. They delve into Taiwan's advancements in drone technology and AI integration while addressing economic uncertainties and investment strategies for navigating turbulent markets. This conversation reveals the strategic maneuvers vital for both nations in a rapidly evolving geopolitical landscape.
18:11
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Quick takeaways
- Taiwan prioritizes strengthening relations with the U.S. through technology collaboration to enhance competitiveness and global positioning.
- Investment in drone technology is central to Taiwan's defense strategy, aiming to develop indigenous capabilities for effective deterrence against China.
Deep dives
Strengthening US-Taiwan Relations
Taiwan's government is prioritizing the strengthening of its relationship with the U.S., viewing cooperation in technology research and development as crucial for both parties. The Vice Premier highlighted the significance of identifying strategic directions that foster mutual benefits, particularly in building a democratic supply chain that enhances U.S. dominance in high-tech sectors while bolstering Taiwan's competitive edge. This collaboration is viewed as essential to maintaining a leading role in the global technology landscape amid geopolitical tensions. Taiwan is making concerted efforts to monitor U.S. policies closely and explore investment opportunities to solidify ties with American partners.
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