Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Syrian sources: The Israeli occupation has begun withdrawing from the areas it infiltrated last night in the Quneitra countryside.
Al Mayadeen's correspondent: Massive bombings in eastern Gaza, the second within half an hour, and its sound was heard from central area.
Russian air defense units destroyed a drone that was heading toward Moscow.
Maduro: Tomorrow, a business meeting will be held bringing together hundreds of entrepreneurs from advanced Russian industries with hundreds of Venezuelan businesspeople.
Maduro: In the face of threats, Trinidad and Tobago agreed to suspend all effects of the energy agreement and everything that had been agreed upon in that regard.
Maduro: It’s time to make a choice, either stand with the warmongers who want death and violence, or stand with life.
Maduro: They want our wealth. This is not about drug trafficking, and they know it.
Maduro: Everyone in the world knows that what the economic elite ruling the United States seeks today is Venezuela’s oil, gas, and gold.
Maduro: The Prime Minister of Trinidad and Tobago is complicit and promoting war due to her personal, physical, mental, and moral weaknesses.
President Nicolás Maduro: A series of arrests have been carried out against what could be a group of mercenaries trained and funded by the CIA.

China is Taiwan's biggest economic partner; trade with US declining

  • By Al Mayadeen English
  • Source: Agencies
  • 5 Aug 2022 20:37
2 Min Read

With Taiwan's exports substantially contributing to the Southeast Asia region, more than the US, China is exhibiting its strength in keeping the Taiwan economy growing, especially during the rise of geopolitical tensions.

  • x
  • Part of Taiwan's port (Reuters)
    Part of Taiwan's port (Reuters)

A recent Taiwanese study reveals that the island depends more on China than it does on the US for trade. 

US purchases of Taiwan’s goods include mainly electrical machinery, vehicles, plastics, iron, and steel products. Taiwan is considered a major manufacturer in the key-chip industry. 

More exports to the Asian region than to US

Although the US recognizes Beijing as the sole legitimate government of China and maintains unofficial relations with the island, Taiwan’s business and economic ties with China and additionally Hong Kong have grown so large that China is by far considered its largest trading partner. 

Related News

China declares October 25 as commemoration day of Taiwan’s restoration

Taipei turns to MAGA influencers ahead of Trump-Xi talks

The analysis of data published through Wind Information indicates that China accounted for 42% of Taiwan’s exports, as opposed to the US’ 15% share. In total, Taiwan exported $188.91 billion in goods to China and Hong Kong just in 2021. 

Read more: Pelosi plans to visit Taiwan prompt markets to plunge

In addition, Taiwan’s exports to Southeast Asia were even greater than those to the US, amounting to $70.25 billion to the region compared to $65.7 billion to the US, as per the data.

US Speaker of the House Nancy Pelosi’s visit to the island, however, has left serious tensions in trade relations between China and Taiwan. The Chinese administration already took advanced steps to prepare the region during Pelosi's stay in Taiwan, such as in military drills, although it made a vow to reconcile with the island. 

China has suspended the import of some fruits, fish, and natural sand from Taiwan as a result, and further voiced its plan to impose sanctions on Pelosi and her close relatives.

Global markets have already taken a fall as a consequence of the rising tensions between the trio. 

  • Taiwan
  • US
  • Nancy Pelosi
  • Hong Kong
  • China
  • Trade

Most Read

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
Abu Hamza, the spokesperson for the Al-Quds Brigades, during a speech televised on October 22, 2025 (Al-Quds Brigades Military Media)

Al-Quds Brigades' Abu Hamza mourns leaders, vows continued resistance

  • Politics
  • 22 Oct 2025
US missionary kidnapped in Niger capital, suspected taken toward Mali

US missionary kidnapped in Niger capital, suspected taken toward Mali

  • Africa
  • 23 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Delta Air Lines flight lands at Harry Reid International Airport, Wednesday, April 9, 2025, in Las Vegas (AP)
Politics

Nearly 3,800 US flights disrupted amid ongoing government shutdown

FILE - The Amazon logo is pictured at the Amazon Robotic Sorting Fulfillment Center in Madison County, Miss., Aug. 11, 2022. (AP Photo/Rogelio V. Solis, File)
Economy

Amazon to cut 30,000 jobs in largest layoff in company history

Eurofighter Typhoon Spain's Air Force fighter jets fly above the military parade marking 'Día de la Hispanidad', or Hispanic Day, in Madrid, Spain, Sunday, Oct. 12, 2025. (AP)
Politics

UK sells 20 Eurofighter jets to Türkiye in £8bn defense agreement

Smoke billows after drone strikes by the paramilitary Rapid Support Forces (RSF) targeted the northern port in the Red Sea city of Port Sudan, Sudan, May 6, 2025 (AP)
Politics

RSF tighten El Fasher siege as Sudan risks fragmentation: Reuters

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS