China’s new financial direction

China’s rise has been the defining story of the past three decades. No analysis of international economics or politics can ignore it. However, the conversation has shifted. Before 2017, it was widely ...

Local government debt tops NT$79 billion

Local government debt reached NT$793.9 billion (US$26.09 billion) last year, with the six special municipalities comprising 81 percent of the total, or NT$644.5 billion, Ministry of Finance data ...

Strong growth credited for tax surplus

The difference between the government’s GDP projection and the nation’s real economic performance accounts for a tax surplus from last year, finance officials told lawmakers yesterday. The comments ...