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Opinion

Taiwan's strong GDP growth shows it does not need China to succeed

President Tsai Ing-wen has overwhelming mandate and clear plans

| Taiwan
Taiwan's role as production safe haven owes much to Tsai's handiwork since 2016.   © Reuters

Taiwan is having a seriously good trade war. Preliminary data out last week showed growth actually accelerated in the fourth quarter to 3.4%, from 3% in the third. Even better, President Tsai Ing-wen just won re-election by a landslide, giving her a strong mandate to rebalance Taiwan's economy away from China.

Yet that endeavor is easier said than done. Tsai's team still needs to devise a cogent plan to decouple from Asia's biggest trading nation, one determined to quash Taiwan's pro-independence movement.

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