{"id":22043,"date":"2024-03-27T09:00:00","date_gmt":"2024-03-27T01:00:00","guid":{"rendered":"https:\/\/www.tejwin.com\/?post_type=news&#038;p=22043"},"modified":"2024-07-12T16:06:21","modified_gmt":"2024-07-12T08:06:21","slug":"tej-financial-database-global-economys-turbulent-year","status":"publish","type":"news","link":"https:\/\/www.tejwin.com\/en\/news\/tej-financial-database-global-economys-turbulent-year\/","title":{"rendered":"TEJ Financial Database: Global economy\u2019s turbulent year!\u00a0"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"595\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/TEJ2024\u7522\u696d\u8b1b\u5ea7-1-2048x1190-1-1024x595.jpg\" alt=\"TCRI 2024 Industry Prospective Seminar\" class=\"wp-image-22046\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-1-2048x1190-1-1024x595.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-1-2048x1190-1-300x174.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-1-2048x1190-1-150x87.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-1-2048x1190-1-768x446.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-1-2048x1190-1-1536x893.jpg 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-1-2048x1190-1.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Taiwan Economic Journal (TEJ), one of the biggest and most detailed financial databases, held \u201cTCRI 2024 Industry Prospective Seminar\u201d in Taipei on March 27 2024, attracting many market analysts and researchers in financial firms. The seminar invites Professor Chen Sung Xsing from Chinese Culture University and TCRI researchers from TEJ to discuss both global and geopolitical risks Taiwan companies face.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69f139e71663d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69f139e71663d\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tejwin.com\/en\/news\/tej-financial-database-global-economys-turbulent-year\/#Macroeconomy\" >Macroeconomy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tejwin.com\/en\/news\/tej-financial-database-global-economys-turbulent-year\/#Taiwan_Group_Corporations\" >Taiwan Group Corporations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tejwin.com\/en\/news\/tej-financial-database-global-economys-turbulent-year\/#Traditional_Industry\" >Traditional Industry<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tejwin.com\/en\/news\/tej-financial-database-global-economys-turbulent-year\/#Electronics_Industry\" >Electronics Industry<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tejwin.com\/en\/news\/tej-financial-database-global-economys-turbulent-year\/#Taiwan_Corporate_Credit_Risk_Index_TCRI\" >Taiwan Corporate Credit Risk Index (TCRI)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Macroeconomy\"><\/span><strong>Macroeconomy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Since 2018, the US-China trade war has escalated, leading to a continuous deterioration in relationships between the two countries. Professor Chen believes that a new Cold War pattern has already taken shape. As we approach 2024, the global economic situation remains volatile and unpredictable. With several factors intertwining together, including Russo-Ukrainian War, Mid-East Regional Conflict, the rising of Nationalism and Protectionism, etc., global economy would suffer a sluggish recovery.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"577\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/TEJ2024\u7522\u696d\u8b1b\u5ea7-2-2048x1153-1-1024x577.jpg\" alt=\"Macroeconomy\" class=\"wp-image-22048\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-2-2048x1153-1-1024x577.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-2-2048x1153-1-300x169.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-2-2048x1153-1-150x84.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-2-2048x1153-1-768x432.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-2-2048x1153-1-1536x865.jpg 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-2-2048x1153-1.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Taiwan_Group_Corporations\"><\/span><strong>Taiwan Group Corporations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Under the new cold war pattern, global supply chain has been forced to reconfigure to enhance supply chain resilience, while Taiwanese businesses also reduce their dependence on China to lower their risk exposure. According to data from the Ministry of Economic Affairs, Taiwanese investment in China hit a new low in 2023. However, when we look at the reinvestment figures for Taiwan public-listed companies, based on the calculation of TEJ, as of the end of 2022, these companies still had reinvested a substantial amount of NT$7.5 trillion in China, accounting for 23% of their net worth. This accumulation of investment over the past years underscores the significant financial ties that Taiwanese businesses still maintain with China. While the overall reliance of public-listed companies on China has been gradually decreasing, a closer examination reveals variations in the degree of decline. Some group corporations continue to exhibit high dependence on the Chinese market, and a few have even increased their investments in China. Hence, it\u2019s essential to closely monitor these developments and consider the implications for future growth and risk management.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/TEJ2024\u7522\u696d\u8b1b\u5ea7-3-2048x1152-1-1024x576.jpg\" alt=\"Group corporations\" class=\"wp-image-22050\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-3-2048x1152-1-1024x576.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-3-2048x1152-1-300x169.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-3-2048x1152-1-150x84.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-3-2048x1152-1-768x432.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-3-2048x1152-1-1536x864.jpg 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-3-2048x1152-1.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Traditional_Industry\"><\/span><strong>Traditional Industry<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Traditional industry in Taiwan&#8217;s domestic market has seen a gradual recovery in post-pandemic consumer spending, benefiting industries such as food, tourism, and restaurants. However, the export sector faces challenges due to China\u2019s excess production capacity, leading to deflationary pressures in global exports. Industries closely linked to China, such as plastics, steel, and cement, have unfavorable operating prospects. Additionally, recent extreme weather events and geopolitical influences have impacted container shipping, resulting in short-term benefits from rising freight rates but a bearish long-term outlook due to excess capacity.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/TEJ2024\u7522\u696d\u8b1b\u5ea7-4-2048x1152-1-1024x576.jpg\" alt=\"Traditional Industry\" class=\"wp-image-22054\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-4-2048x1152-1-1024x576.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-4-2048x1152-1-300x169.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-4-2048x1152-1-150x84.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-4-2048x1152-1-768x432.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-4-2048x1152-1-1536x864.jpg 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-4-2048x1152-1.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Electronics_Industry\"><\/span><strong>Electronics Industry<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Electronics industry has benefited from the surge of investment in generative AI. AI cloud computing is experiencing rapid growth, while AI edge computing is still in its early stages. By 2024, supply chains highly influenced by AI are expected to demonstrate robust growth. Additionally, areas with lower AI impact will experience a moderate recovery due to\u00a0 resurgence in demand and the low base effect.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/TEJ2024\u7522\u696d\u8b1b\u5ea7-5-2048x1152-1-1024x576.jpg\" alt=\"Electronic Industry\" class=\"wp-image-22056\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-5-2048x1152-1-1024x576.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-5-2048x1152-1-300x169.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-5-2048x1152-1-150x84.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-5-2048x1152-1-768x432.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-5-2048x1152-1-1536x864.jpg 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-5-2048x1152-1.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\/TEJ2024\u7522\u696d\u8b1b\u5ea7-6-2048x1152-2-1024x576.jpg\" alt=\"TCRI 2024 Industry Prospective Seminar\" class=\"wp-image-22060\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-6-2048x1152-2-1024x576.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-6-2048x1152-2-300x169.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-6-2048x1152-2-150x84.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-6-2048x1152-2-768x432.jpg 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-6-2048x1152-2-1536x864.jpg 1536w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-6-2048x1152-2.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"998\" height=\"591\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-7-1.png\" alt=\"\" class=\"wp-image-22062\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-7-1.png 998w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-7-1-300x178.png 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-7-1-150x89.png 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/TEJ2024\u7522\u696d\u8b1b\u5ea7-7-1-768x455.png 768w\" sizes=\"(max-width: 998px) 100vw, 998px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Taiwan_Corporate_Credit_Risk_Index_TCRI\"><\/span><strong>Taiwan Corporate Credit Risk Index (TCRI)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Since the establishment of TEJ in 1990, we have focused on providing Asia financial markets with data for performing analysis, and gradually become one of the biggest and most detailed financial databases. One of our greatest accomplishments is the construction of TCRI, which has become an indispensable source for investment and credit reference information in Taiwan\u2019s financial industry. TEJ will continue to monitor the economic trends in Taiwan, striving to provide clients with professional information and analysis to address various challenges related to corporate and financial development.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill has-mobile-text-align-center\"><a class=\"wp-block-button__link has-background has-text-align-center wp-element-button\" href=\"https:\/\/www.tejwin.com\/en\/news\/tcri-taiwan-corporate-credit-risk-index\/\" style=\"background:linear-gradient(135deg,rgb(232,250,187) 0%,rgb(182,227,212) 50%,rgb(51,167,181) 100%)\">More information on TCRI<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Taiwan Economic Journal (TEJ), one of the biggest and most detailed financial databases, held \u201cTCRI 2024 Industry Prospective Seminar\u201d in Taipei on March 27 2024, attracting many market analysts and researchers in financial firms. The seminar invites Professor Chen Sung Xsing from Chinese Culture University and TCRI researchers from TEJ to discuss both global and geopolitical risks Taiwan companies face.<\/p>\n","protected":false},"featured_media":21922,"parent":0,"menu_order":0,"template":"","tags":[],"news-category":[],"class_list":["post-22043","news","type-news","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news\/22043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media\/21922"}],"wp:attachment":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media?parent=22043"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/tags?post=22043"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/news-category?post=22043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}