From CSIS External Relations <[email protected]>
Subject By The Numbers: China-Taiwan Trade, Global Public Debt, Chips Tax Credits, and More
Date August 25, 2024 3:11 PM
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Each week, we'll share with you some of the most compelling numbers in our studies.

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25 percent

Beijing could employ economic coercion to erode Taipei's sovereignty. China accounts for about 25 percent of Taiwan’s total trade and takes 22.6 percent of Taiwan’s exports.



SOURCE: "U.S.-Australia-Japan Trilateral Cooperation on Strategic Stability in the Taiwan Strait," edited by CSIS's Charles Edelman and Christopher B. Johnstone.

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$97 trillion

Global public debt hit a record $97 trillion in 2023, with developing countries shouldering a disproportionate amount relative to their share of the global economy.



SOURCE: "Reintroducing Concessional Loans into the Development Toolbox" by CSIS's Daniel F. Runde, Rafael Romeu, and Austin Hardman.

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25 percent

The U.S. CHIPS Act provides up to 25 percent tax credits for investments in chipmaking facilities initiated by the end of 2026, while the EU Chips Act does not provide any tax incentive.



SOURCE: "A World of Chips Acts: The Future of U.S.-EU Semiconductor Collaboration" by CSIS's Sujai Shivakumar, Charles Wessner, and Thomas Howell.

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$142 million

In 2022, USAID provided Vietnam with $142 million in official development assistance, including through projects addressing the legacies of the Vietnam War, such as dioxin remediation.



SOURCE: "An Indispensable Upgrade: The U.S.-Vietnam Comprehensive Strategic Partnership" by CSIS's Lauren Mai, Gregory B. Poling, and Japhet Quitzon.

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By the Numbers is composed weekly by Lauren Adler and the External Relations team.

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