How Can Taiwan Adapt to Globalization 2.0 in the Face of Global Inflation
Host: Catherine Lu, Rath Wang The U.S. Consumer Price Index grew at a record rate of 9.1% in June. Is this a sign of inflation reaching its peak? We explore how another rate hike by the Federal Reserve at July end could impact export-oriented Taiwan. How far reaching are these measures and what it means for Taiwan’s top industries from IT to semiconductors. As global competition between the U.S. and China stretches on, two years into the pandemic, and the Russian invasion of Ukraine; has the world entered a new era of "Globalization 2.0?" As like-minded countries with similar values seek to build their own barbed wire, what will the global economy look like? In this episode, we have invited Ben Blanchard, Reuters Taiwan Bureau Chief, and Professor Charles Liao, Research Chief at the State of California to depict and analyze global market trends in this new era of interest rate rises for the second half of 2022.
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