Economics
Taiwan's Premier Lin Says Immigration Is Needed to Boost Economy
- Government aims to ease rules to attract more foreign workers
- 20,000 to 30,000 professionals are leaving Taiwan each year
Taiwan's Premier Is Not Opposed to Stronger China Ties
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Ask Taiwanese Premier Lin Chuan about the economy he’s been charged with managing and he’ll talk about the need for innovation, investment and higher paying jobs. He’ll also tell you one way to achieve those goals is by welcoming more immigrants.
In an interview Friday in Taipei, Lin laid out the vision for invigorating the economy he and President Tsai Ing-wen have sought to implement since Tsai won power in a landslide victory in early 2016. While economists expect growth to accelerate to 2 percent this year from 1.5 percent in 2016, expansion has slowed significantly from 6.52 percent in 2007.