Taiwan’s New Southbound Policy is decreasing its reliance on China

Long menaced by its larger neighbor, Taiwan’s efforts to shift away from its reliance on China by increasing trade instead with other regional partners are beginning to pay both economic and political dividends.

Known as the New Southbound Policy, the government of President Tsai Ing-wen is encouraging and subsidizing Taiwanese companies to move out of China and set up operations throughout the Indo-Pacific.

Since Tsai’s Democratic Progressive Party came to office in 2016 on a more anti-China platform, relations between the two countries have become frosty. […]

Taiwan’s New Southbound Policy is decreasing its reliance on China