On May 20, Lai Ching-te, the new leader of the Taiwan region, assumed office, marking a significant shift in the island's economic landscape and cross-Straits economic and trade trends. Lai, described as a \"pragmatic advocate of Taiwan independence,\" has initiated policies under his \"economics of Taiwan independence\" framework. Analysts are closely monitoring these developments, expressing worry over the potential impacts on Taiwan's economic stability and its relations across the Taiwan Strait.
Reference(s):
cgtn.com
