Taiwan poised to gain from escalating US-China trade tensions, says stocks analyst: Video
Taiwan could emerge as the top beneficiary of escalating trade tensions between the United States and China, a market expert has said.
Alex Lin, a stock analyst, told AFP that recent U.S. actions—such as the Trump administration’s push to delist some Chinese companies from American stock exchanges—could trigger what he calls an “order-transfer effect.”
This, in other words, refers to investors turning to Taiwanese companies instead of mainland Chinese companies hit by US policies.
“The Trump administration also said yesterday that it wants to delist some Chinese publicly-traded companies from the US stock market,” Lin noted. “Now, as for whether these follow-up actions will lead to what's called the 'order-transfer effect' shifting to Taiwan, I think the chances are quite high.”
Lin attributed Taiwan's potential advantage to its more measured response in contrast to China’s confrontation with the U.S.
“All of this started with the fact that we did not adopt a tough strategy or directly confront the US,” he said. “As for Trump and the so-called tariff trade war with mainland China, I believe Taiwan has a very high chance of benefiting from it.”
