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Americas

Are imports bad? America’s Turn to Mercantilism

The U.S. political circles are not only hostile to China, but are essentially hostile to imports. Both parties embrace the mercantilist thinking of "exporting is good and importing is bad." How will this harm global economy and trade?

After the Tsai-McCarthy meeting on 'tour of restraint': Three changes to US-Taiwan relations

President Tsai Ing-wen became the first Taiwanese leader to meet with a U.S. Speaker of the House on American soil. Following her return from her 10-day itinerary, Beijing announced small-scale military exercises. What kind of new situation do these changes herald?

The true significance of Taiwan's first official trade agreement with the US

Taipei and Washington are expected to soon sign the already agreed- upon items of the U.S. – Taiwan Initiative on 21st Century Trade. Since the agreement will not easily yield direct economic benefits for Taiwan, it remains to be seen whether Taiwan can capitalize on the introduction of “U.S. rules” to secure similar pacts with other trade partners.

Supply Chain 3.0: the US ambition of Taiwan businesses

The global supply chain disruptions emerge as a key national security factor, forcing companies to shift production closer to their major markets. Chip foundry TSMC is not the only Taiwan company venturing into the United States. How are Taiwanese businesses seizing this opportunity to redraw their manufacturing maps?

Pelosi’s Taiwan visit was a US-made crisis

Pelosi's visit to Taiwan was said to be the fourth Taiwan Strait crisis since 1949, and it was ironically triggered by the United States. What is really alarming is that it may not be the last.

Absent from the Indo-Pacific Economic Framework, Taiwan engages in fresh trade negotiations with the US

Taiwan is absent from the Indo-Pacific Economic Framework, which encompasses 60% of the world's population and 40% of its GDP. Fortunately, there is progress in the trade negotiations between Taiwan and the U.S.

Larry Diamond: Taiwan will face an existential threat in the coming decade

Larry Diamond is an American political sociologist and leading contemporary scholar in the field of democracy studies. In this exclusive interview with CommonWealth Magazine, he expresses concern over Taiwan’s fate and shares the three lessons countries could learn from the democratic recession in the US.

Should Taiwan put its future in U.S. hands?

CommonWealth magazine’s “State of the Union and U.S.-China Ties Survey” has found that more than half of Taiwan’s people believe the United States would help Taiwan militarily in the event of an attack by China. But is that realistic, and should Taiwan tie its future to the U.S.?

Fukuyama: Taiwan doesn’t take its self-defense seriously enough

Francis Fukuyama is a renowned American political scientist, the author of many bestselling titles including The End of History. In this exclusive interview with CommonWealth Magazine, he cautions that even though there is bipartisan consensus over China policy, the US probably won’t fight on Taiwan’s behalf. Read the interview excerpt.

Why Taiwan remains an integral part of the EU-US cooperation on China

On 15 June, European Commission and Council presidents Ursula von der Leyen and Charles Michel will host US President Joe Biden in Brussels on his first visit to Europe since taking office. There are increasing calls for Europe to upgrade its policy on Taiwan as it rethinks its China strategy, what are the implications for transatlantic relations?

Walking a tightrope on Taiwan-U.S. relations: Interview with Hsiao Bi-khim

Hsiao Bi-khim, Taiwan’s representative to the United States, is working to further strengthen Taiwan-U.S. relations as China ratchets up its pressure. CommonWealth Magazine asks her about that and other key bilateral issues, such as trade and supply chains, in this exclusive interview.

Richard Bush: Biden's Taiwan Policy would be More Predictable

Our exclusive interview of former AIT Chairman Richard C. Bush, currently a nonresident senior fellow at Brookings, on how the Trump administration views Taiwan, and what a Biden presidency might mean for US-Taiwan relations.

Americas
World Economic Forum

California Compels Companies to Treat Gig Workers as Employees - What's Next?

What’s the likely fate of one of the biggest trends impacting the future of work?

Americas
Decoding U.S. Export Controls

Can TSMC Continue to Supply Huawei?

The Trump Administration has placed Huawei on a blacklist that blocks companies using American technology from supplying the Chinese telecom giant. Taiwan’s TSMC does not think it will be affected, but is that really the case?

Americas
World Economic Forum

The First Step toward Solving Bigger Ills of Homophobia

“Gay people, we will not win our rights by staying quietly in our closets,” says Harvey Milk, one of the first openly gay elected officials in the United States. With the 40th anniversary of his assassination recently behind us, there still is much we can learn from him.

Americas
World Economic Forum

Marriage Equality Boosted Employment in the US

Progress towards marriage equality within the U.S. could have economic benefits.

Americas
Cayman Islands Moves to Tax Letterbox Companies

Taiwanese Entrepreneurs on Edge

With a population of just 45,000, the Caymans Islands house more than 100,000 Taiwanese letterbox companies with tax-free status. However, earlier this year, the tax haven enacted “economic substance” legislation that requires offshore companies to prove that they actually derive their income from business in the island territory or pay tax.

Americas
World Economic Forum

85% of Guns around the World Are Owned by Civilians

There are more than one billion firearms in the world and the majority are owned by ordinary people. New Zealand’s ban on semi-automatic weapons has put guns, violence and regulation back in the spotlight, underscoring the different approaches taken by governments around the world and their relative success.

Americas
World Economic Forum

Movies in 2018 Featured More Diverse Leads than Ever

2018 was a blockbuster year for movies starring women. But equality, both on screen and behind the camera, remains a long way off.

Americas
Climate of Challenges

Survival In New Trade War: Broad Exports, No Taking Sides

The United States and China are jabbing and parrying at each other in the start of a “new Cold War” that shows no signs of abating over the short term. Meanwhile, regardless of how future negotiations turn out, competition between the two powers will surely set the tone going forward. Given this environment, how can Asian nations find ways to survive and thrive?

Americas
World Economic Forum

Why This City is Paying People to Move There

Would you move to a new city for $10,000? That’s the hope of an organisation that wants to lure workers to Tulsa in Oklahoma, as it aims to bridge a widening gulf between large metropolitan centers and smaller ones at risk of being left behind.

Opinion: Harvard Needs to Address Concerns on Bamboo Ceiling

Being accused of giving lower personality ratings to Asian-American applicants, Harvard University has been questioned for its commitment to defending diversity. Finding this revelation alarming, Jun-Han Su, PhD Candidate at Harvard and columnist at Crossing, calls for emphasis on 'true inclusion.'

Americas
Troubles in Emerging Markets

What Do the Economic Woes of Turkey, Argentina and Indonesia Have in Common?

Investors look out! Financial crises are emerging in emerging markets. Turkey, Argentina and Indonesia have experienced plummeting currencies and outflow of foreign investment. What do these countries have in common?

Americas
Everest Textile Co. Ltd.

Taiwanese and Local Textile Mills ‘Make Stone Soup’ Together in Forest City, North Carolina

Taiwan’s textile and apparel industry is taking advantage of new opportunities, since manufacturing in the United States cuts down on costly shipping time, smaller brands gain in popularity, and the global division of labor is reshuffled yet again.

Americas
Charting the World

Who the US and China Have Trade Disputes With

These two charts show China and the US have more than 300 disputes with different countries and trading blocks. Most of the US's trade disputes are with the E.U. Instead of China.

Americas
World Economic Forum

Why Trade Wars Can't Solve the Problems Brought by Globalization

We asked policy experts and business leaders: how can countries really reap the economic and social benefits of global value chains (GVCs), while avoiding inequality and environmental damage?

Americas
Justin Trudeau's Speech at NYU

What Makes a Good Leader?

What makes a good leader? In an increasingly polarized world it’s an important question to ask. Canadian Prime Minister Justin Trudeau recently delivered the commencement address to New York University’s class of 2018, in which he outlined his vision of the leadership skills that help to make the world a better place.

Americas
​​​​​​​Taiwan Loses another Diplomatic Ally

Dominican Republic Says Adios

The Dominican Republic announced on April 30 that it was recognizing the People’s Republic of China and severing 77 years of formal diplomatic ties with the Republic of China (Taiwan). Have the dominoes started to fall?

Americas
World Economic Forum

3 Things You Need to Know about the US-China Trade Dispute

Could a row over steel turn into a full-blown trade war?

Americas
China's Growing Influence

The Challenges of Chinese Investment in Latin America

As São Paulo hosts the World Economic Forum on Latin America 2018, it is time to consider China’s important influence on economies and business in the region since the Forum's last meeting in Brazil, in 2011.

Americas
Terry Gou’s U.S. Gambit

The Eagle Has Taken Off

Foxconn Technology Group Chairman Terry Gou is pressing forward with the first 10.5-generation flat panel display plant to be built on American soil. Considering the challenges, does the gambit make strategic sense?

Americas
Living in the Biggest Favela of Brazil

25 Years Old, the Survived Age

York, a young Taiwanese volunteer and Crossing writer, shares her experience of living in Brazil’s biggest favela. Her interview with local young man Carlos tells a story of sorrow, toughness and pursue of hope.

Americas
2018 World Economic Forum

President Trump: America is Great and Open for Business

Before the President of the United States’ speech at the 2018 World Economic Forum in Davos, Klaus Schwab, the Executive Chairman of World Economic Forum, said that the country’s decision and action will have great effect to the entire world. Here’s the summary of U.S. President Donald Trump’s special address at the event.

Americas
AIT Chairman James F. Moriarty

Those who Play by the Rules will be our Partners

James F. Moriarty, chairman of the board of the American Institute in Taiwan (AIT), took out time during a recent visit to Taiwan to discuss bilateral relations, U.S. trade policy and foreign policy in the Asia-Pacific region under President Donald Trump.

Americas
From Reading to Literacy

Reading and Writing – An Antiquated Way of Thinking?

Many teachers ask their students to put their phones down. But is that the only thing educators should do to keep up with the 21st century? Meet Ms. Marcie Craig Post, Executive Director of International Literacy Association, in an interview after her speech in the 2017 International Reading Education Forum.

What Happened to Canada’s Economic Competitiveness?

Canada ranks 14th in the World Economic Forum's latest competitiveness rankings. Here's why

Americas
Closing in on Industry 4.0

Elevating the Internet of Things

Three Cloud-based platforms keep 300,000 elevators across the globe in line. The incorporation of augmented reality places virtual over actual reality, streamlining workflow. With the Silicon Valley innovation engine powering the way, American Industry 4.0 is quietly accelerating into the passing lane.

Americas
Interview with Michael Sandel

We Need Public Discourse on Big Ethical Questions

Bestselling author of “Justice: What's the Right Thing to Do?”, philosopher, & professor at Harvard University, Michael Sandel, gives a keynote speech at the Fulbright Thought Leader Forum in Taiwan on 6/2. He talks about "Leadership and Ethics" in the 21st century.

Americas
American Economist Stephen Roach

Pressure on China Bad for Business

In an interview with CommonWealth Magazine, former Morgan Stanley Asia chairman Stephen Roach talks about the economic and geopolitical risks of a Trump presidency and why taking on China may not help Trump achieve his goals.

Americas
Trump a Boon for Petrochemicals

Formosa Plastics’ Shift to America

With Donald Trump pledging to ease regulations on oil and gas businesses and a future energy secretary friendly to the industry, Taiwan’s Formosa Plastics Group is focusing its attention on the United States, perhaps to Taiwan’s detriment.

Americas
Paul Sheard:

Trumponomics Holds Potential Solutions

In an interview with CommonWealth Magazine, S&P Global Chief Economist Paul Sheard discusses the potential economic policies of incoming U.S. President Donald Trump.

Americas
American Novelist Jonathan Franzen

Challenging the Internet Age

Jonathan Franzen is known for taking on Twitter and Facebook and lamenting how reading is becoming a lost art. In this exclusive interview, Franzen talks about how reading and literature have an important role in the new digital era.

Americas
Draper University

School of the Future Challenges Limitations

Why has the Korean government sent students to Silicon Valley entrepreneurial schools? How have graduates of one such school produced 70 startup ventures in just two years?

Americas
Stanford's Shock Education

Redefining the 'Good Student'

Taiwan's rigid education system produces plenty of "good students," but here are three stories about a group of Taiwanese who found out at Stanford University that what it means to be "good" in this new era is changing.

Americas
Former Curitiba Mayor Jaime Lerner

In Search of City Dwellers' Dreams

In the 1970s, an idealistic architect and urban planner named Jaime Lerner became mayor of Curitiba, Brazil, and employed a "culture of speed" to give his city a facelift.

Americas
Curitiba

Brazil's Easiest City to Live In

At the Rio+20 Earth Summit in June, Curitiba won a Global Green City Award, and UN Secretary-General Ban Ki-moon called it a model of sustainable development. How has it won such acclaim?

Americas
San Francisco

Rebuilding Faster by Going Slow

Cities are rushing to reinvent themselves to get an edge, but San Francisco's 40-year revitalization program proves that time is a necessary cost of urban renewal.

Americas
Talent, Technology, Innovation

America's Three Crowning Jewels

The USA is showing signs of decline, but it still has a few cards up its sleeve that are helping it maintain its elevated political and economic status around the globe.

Americas
America Gone Astray

The Crushing of the 'American Dream'

The promise of the American dream was a good job, a good education and a good home, but that's no longer the case. Who's responsible for stealing it away?

Americas
Superpower on the Skids

Collision of the Two Americas

The American dream is turning into a nightmare, with disheartening levels of inequality, unemployment and homelessness. In this eyewitness report, CommonWealth Magazine visits the USA, in what may be its final days at the top.

Americas
Germany's Economic Resilience

The Ants Battle Back

In Aesop's Fables, the hardworking ant has plenty of stores for the winter. With its legendary diligence, Germany has staged comebacks following many downturns in the past. What are the secrets to its resilience?

Americas
The G2 – China and the U.S.

Tango on the Top Rung

In as little as a decade, China will eclipse the U.S. as the world's biggest economy. As America shares its superpower status with China, their often contradictory rivalry is becoming a decisive factor in the fate of Taiwan, and the world.

Americas
The Industrial Standards Battle

China Sets the Rules – How to Win the Game?

Promoting its own standards and rewriting the game rules across a range of industries, China hopes to go head-to-head with the leading standards of the West. Once China can "call the shots," how can Taiwan reap the rewards?

Americas
Brazil's Yim King Po

From Immigrant Rags to IT Riches

Brazilian immigrant Yim King Po grew up poor, but he parlayed a keen eye for emerging trends, the advantage of local knowledge, and multinational connections into a top position in Brazil's information services market.

Americas
Biofuel Bonanza

Brazil's Sugarcane King

Ethanol is emerging as a major global energy source, one Taiwan can ill afford to overlook. And as the sprawling domain of this Brazilian tycoon attests, sugarcane can be a source of sweet fortune.

Americas
Taiwanese Business Frontier

Brazil Beckons

Already an important source of the world's raw materials, Brazil is taking shape as a new frontier of business opportunity, an increasingly important market for companies, and fertile soil for enterprising Taiwanese business people.

Americas
The Taiwanese Cowboys of Brazil

Taking the Profits by the Horns

Amidst global food shortages, Brazil's fertile soil produces a bountiful blessing. It is here that Taiwanese entrepreneur Jerry Huang steered his way toward a business that is rooted and sustainable.

Americas
The Flip Side of Happiness

The Two Faces of Finland

One of the world’s happiest countries also has one of the world’s highest suicide rates. Behind Finland's contented national visage, what remains unknown to us?

Americas
Kingston Technology President John Tu

Changing the lives of 150 American Students

John Tu and his company, Kingston Technology, have long been the stuff of legends. Now, having drawn the attention of Hollywood, another of Tu’s legends is showing in theaters all over the world.