Taiwan official plays down impact of China’s trade restrictions

Finance ministry official says island does not expect further sanctions by Beijing due to ‘highly reliant’ economic ties.

China’s economic measures against Taiwan are unlikely to have a major impact on trade between the two economies given how closely they’re intertwined, a finance ministry official said.

The electronics industries in both economies are “highly dependent on each other,” and Taiwan is China’s biggest source of imported integrated circuits, Beatrice Tsai, the…