China has blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by Nancy Pelosi, but has avoided disrupting one of the world's most important technology and manufacturing relationships. 9News
, but has avoided disrupting one of the world's most important technology and manufacturing relationships.
Two-way trade soared 26 per cent last year to $US328.3 billion . Taiwan, which produces half the world's processor chips and has technology the mainland can't match, said sales to Chinese factories rose 24.4 per cent to $US104.3 billion . Also this week, China blocked imports of hundreds of other food items from Taiwan including cookies and seafood, though the timing was unclear. The customs website showed their import status was switched to "suspended".
The potential disruption adds to concerns over weakening global economic growth, but Asian stock markets rose Wednesday after there was no immediate sign of Chinese military action.
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