Analysis: 16 Years After ECFA, How Taiwan Reshaped Its Trade Policy
The Cross-Strait Economic Cooperation Framework Agreement (ECFA), signed in 2010, was the first major trade pact between Taiwan and China. It was controversial, with some Taiwanese arguing it could make the economy too dependent on China. In 2016, Taiwan shifted its strategy by diversifying its overseas markets. To analyze the evolution of the cross-strait trade relationship, TaiwanPlus speaks to Daniel Liu, research director at the Chung-Hua Institution for Economic Research (CIER).
