Survey
CommonWealth Magazine Top 2000 CEO Survey on the Economic Prospects of 2019
The top executives of Taiwan’s 2,000 largest enterprises believe economic prospects for 2019 are glum. Due to the potential fallout from a looming trade war between China and the United States, few dare to be optimistic about the global economy and economic development at home. The prelude to the big relocation of Taiwan’s supply chain is already over, and, while massive challenges are ahead, we can prepare for the battle by taking Chinese strategist Sunzi’s advice: Know yourself and your enemy, and you will not be defeated.
International
400,000 Taiwanese Managers Feel the Pinch
What China touts as the largest individual income tax reform in two decades seems to lessen taxpayers’ burden. However, the reform also closes loopholes and threatens draconian measures against tax evasion, making sure that Taiwanese expats don’t avoid a single penny in income tax.
Insight
The average life expectancy of any modern nation is a reflection of its social development. When you compare life expectancy and total health expenditure per capita across multiple nations, you come to the conclusion that imbalances in healthcare resource distribution are more lethal than you think.