China’s state-run Xinhua News Agency has reported that Xi Jinping acknowledged difficulties in the country’s economy. With the Chinese government investing US$47 billion in its semiconductor industry, can China overcome both foreign and domestic challenges to reach its 5% GDP growth target? In this episode of “Taiwan Talks,” we examine the significance of Xi’s admission, pullout of foreign direct investment from China, and responses to the country’s Third Plenum. Furthermore, we discuss internal and external challenges for China’s economy, the viability of Xi’s proposed economic policies, and whether China’s semiconductor investment fund could help the sector regain a competitive edge. Our guests are: Marco Mezger - Neumonda Executive Vice President and Chief Operating Officer Raymond Sung - Prospect Foundation Vice President

• Beijing