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Stories from Longtan · Taiwan

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economy 8d ago Longtan

Taiwan Power Company Expansion Rumored To Revive In Longtan

The proposed semiconductor manufacturing plant in Longtan is moving forward despite previous opposition from local residents. Taiwan's stock market index is being closely watched for potential reversals or continued increases. Taiwan's TSMC has resumed production at its JinYuan plant in Longtan. Taiwan's economic contributions are recognized internationally, with its GDP growth expected to be higher than the previous quarter's 4%. The United Daily News highlighted Taiwan's economic and social welfare contributions, with international partners expressing gratitude and support. President Lai Ching-te's diplomatic team criticized the 'ATA Mode' diplomacy as exaggerated and inappropriate, with former officials suggesting it implies imminent conflict. Taiwan faces ongoing international pressure from mainland China, fueling anger among its people and straining diplomatic relations.
BCC News Taiwan