Related Keywords: Beijing-Seoul FTA, cheaper textiles, fabrics, huge china market, loss of more than NT$10 billion, rising competitive edge, South Korea, stem adverse impact, Taiwan, Taiwanese textile exports, trade-in-goods agreement, yarn and fibers
China and South Korea announced earlier this month that they have concluded talks on the FTA, which is expected to go into effect in mid-2015. The announcement has stirred up concern among Taiwanese exporters over South Korea's rising competitive edge against Taiwan in the huge China market.
