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“Going forward, whether Beijing will roll out more restriction measures need to be closely watched,” says Ms Ma.<\/p>\n
“There is the risk for Beijing to expand import bans to some low-end Taiwanese manufacturing goods such as footwear and wood. In these sectors, Taiwan has high reliance on China for export sales, while China has low reliance on Taiwan for import supply.”<\/p>\n
Christina Lai, a junior research fellow at the Institute of Political Science at Academia Sinica, Taiwan’s top research institution, says that Taiwanese farmers are looking for new buyers in Japan, Australia and the Middle East, but that this will take time.<\/p>\n
“It is unclear how long China’s ban on tropical fruits and tourists will last, but Taiwan’s diversification strategies for its agricultural industry will certainly continue,” says Ms Lai. “It might take several years for Taiwan’s farmers to make needed structural adjustments and sector reforms.” <\/p>\n
She adds that It might be time for Taiwan’s wider business community to also diversify beyond China. Meanwhile, other analysts have started to worry that China might try to blockade Taiwan in the future, as relations between the two sides fall to some of their lowest points in 25 years.<\/p>\n<\/div>\n