Huang Zhifang Calls for Swift Establishment of Sovereign Fund to Capitalize on Exchange Rate Opportunity
Huang Zhifang, Chairman of the Foreign Trade Association, emphasized during a forum that Taiwan's industry should not be limited to semiconductors and called for the swift establishment of a sovereign fund to hold a strong economic weapon. He indicated that as Trump approaches his 100th day in office, the trade war has expanded from tariffs to currency battles, using exchange rates as a strategic tool to establish a new economic order.
He believes this is a golden opportunity for Taiwan to adjust its economic structure and transform. International engagement should not focus solely on manufacturing but should also incorporate financial and technological industry operations. Especially with the TWD appreciating, the immediate establishment of a sovereign fund is essential to avoid becoming a small player in the competitive arena.
