TAIPEI China has long been a prime export destination for its East Asian neighbors, but the lingering slowdown in the world's No. 2 economy has become a major headache for Taiwan, Japan and South Korea.
China accounts for some 40% of Taiwan's total exports and about 25% of global Apple sales. Waning Chinese demand is now pushing Taiwan's tech supply chain, a key driver of the island's economy, into a downward spiral. This year could see the Taiwanese tech sector's first annual decline in revenue since the global financial crisis.
