Taiwan Envoy Sees ‘Alarming’ Signs in China’s Economic Slowdown

  • Taiwan’s Hsiao says Chinese aggression ‘not good for business’
  • Despite tensions, Taipei wants prosperity for China and Taiwan
Hsiao Bi-KhimPhotographer: Caitlin O’Hara/Bloomberg
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China’s economy is showing clear signs of a slowdown that will have an inevitable spillover to the region, according to Taiwan’s top emissary to the US.

“There are some alarming indications and we are impacted,” Hsiao Bi-Khim told Bloomberg News, citing a drop in Taiwan’s exports to China. “Despite all the political and strategic tension, we are interested in prosperity for the people on both sides of the strait.”