Taiwan’s sovereign rating and peace index riseStandard & Poor’s Ratings Services (S&P) on June 11 boosted Taiwan’s sovereign rating outlook from “negative” to “stable.” KimEng Tan of S&P stated that this adjustment to Taiwan’s sovereignty rating primarily reflects the recovery of growth momentum for Taiwan’s economy. Continued economic recovery will allow Taiwan’s economic growth rate to return to nearly 4 percent and help improve the fiscal problems of Taiwan’s government over the next three to five years.
S&P said that progress in the cross-strait relationship has already boosted investor confidence. If Taiwan and mainland China can sign and implement an Economic Cooperation Framework Agreement, this will help further enhance Taiwan’s intermediate-term economic growth and investment boom.
S&P also believes that net overall government debt will account for 43 percent of Taiwan’s gross domestic product at the end of this year, far higher than the median 16.5 percent of all countries holding the AA credit rating. Thus, the government of Taiwan must address revenue and expenditure issues to prevent the rapid accumulation of debt.
The 2010 Global Peace Index released on June 8 showed an overall decline around the world last year, which may be related to the financial crisis extending from the end of 2008 into early 2009. Among the 149 nations surveyed, Taiwan rose to 35, two places above its 2009 rank of 37th. Mainland China, meanwhile, slipped from 74th to 80th place due to social turmoil and an increase in defense spending.
Press Release, Government Information Office of Taiwan, 15. Juni 2010
Die Presseabteilung der Taipeh Vertretung mit Sitz in Berlin bietet folgende Dienstleistungen an: Erläuterung der Politik und der Entwicklung der Republik China (Taiwan), Verbreitung von Stellungnahmen und Pressemitteilungen von taiwanischer Seite sowie Beantwortung von Fragen über das Land;
Angebot von Informationsmaterial über Taiwan in deutscher, englischer, und chinesischer Sprache (Broschüren, Filme, Videos, DVDs, Diafilme, CDs);
Anlaufstelle für deutsche Medienvertreter, Angebot von Informationsreisen nach Taiwan für deutsche Journalisten;
Organisation von Veranstaltungen mit dem Ziel, Kontakte zwischen Deutschland und Taiwan zu vertiefen (Vorträge, Seminare, Ausstellungen, Filmfestivals etc.);
Presseabteilung Taipeh Vertretung
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