Taiwan's Shipments to U.S. Surpass Those to China
The U.S. is now Taiwan's largest export market, overtaking China for the first time since 2003. The country’s shipments to the U.S. rose 65.7% to US$9.1 billion in March compared to last year, whereas exports to China grew just 6% to US$7.9 billion in the same period.
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00:00Taiwan's exports to the U.S. have surpassed those to China for the first time since 2003.
00:07The country's shipments to the U.S. rose over 65 percent to more than 9 billion U.S. dollars
00:12in March compared to last year, whereas exports to China grew just 6 percent to 7.9 billion
00:18U.S. dollars in the same period.
00:20Washington has increasingly worked to reduce its trade reliance on Beijing.
00:24The latest trade figures with Taiwan reflect that effort.
00:27Numbers also seem to fly in the face of a recent meeting between Chinese President Xi
00:31Jinping and former Taiwan President Ma Ying-jeou.
00:35That meeting was meant to underscore the close ties between Taiwan and China.