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International relations

Taiwan makes new push to drum up Southeast Asia investment

'New Southbound Policy' helps region but Taipei could do more, experts say

Taiwanese President Tsai Ing-wen is seeking reduce the island's trade dependence on China with her New Southbound Policy of deepening economic ties with 18 countries in Southeast Asia, South Asia and Australasia. (Nikkei montage/Reuters/AP)
RANDY MULYANTO, Contributing writer | Taiwan

JAKARTA -- Taiwanese President Tsai Ing-wen used her New Year's speech to again touch upon her "New Southbound Policy" (NSP) of deepening economic ties with 18 countries in Southeast Asia, South Asia and Australasia, an initiative aimed at reducing the island's trade dependence on China.

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