Economics
Taiwan’s Central Bank Plays Down Concern Over Manipulator Tag
- High trade surplus with U.S. due to demand for computer chips
- Taiwan could stop selling chips to fix problem, Yang jokes
Photographer: Patrick Lin/AFP/Getty Images
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The huge increase in Taiwan’s foreign-exchange interventions could lead to it being labeled a currency manipulator by the U.S., the island’s central bank governor said Thursday, but he insisted the designation is unlikely to have any immediate negative impact on the export-dependent economy.