Taiwan’s premier Lin Chuan has announced a $29 billion stimulus package
– It is still to get parliamentary approval
– Spending spread over 8 years
– Package is expected to focus on infrastructure
Government is concerned with the from developments in China and the US, its two largest trading partners (Taiwan is vulnerable to protectionist policies from the US & increasing competition from China, along with political tensions with Beijing)
Taiwan tries for US$29bn stimulus (over 8 years) – awaiting parliament approval
