NEWS

China Takes Vengeance Against Taiwan In Trade After Pelosi’s Visit

China has suspended some trade with Taiwan in apparent retribution for a visit by U.S. House Speaker Nancy Pelosi to the self-governing island.

The curbs include the suspension of some fruits and fish imports from Taiwan and exports of natural sand to the island.

China is Taiwan’s largest trading partner, with bilateral trade worth $273 billion last year, accounting for 33% of the island’s total trade with the rest of the world.

Experts are also concerned about the impact escalating tensions between Taipei and Beijing may have on Taiwan’s semiconductor industry.

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Readers Bureau, Contributor

Edited by Jesus Chan

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