Taiwan wants to invest in Guatemala

A senior Taiwanese official, Phoebe Yeh, said that the Taiwanese government will explore business opportunities in Guatemala next year.

Yeh said that Taiwanese business owners are encouraged to make investments in Central American countries as a way to support the U.S. in the U.S.-China trade war. She added that Central American and Caribbean nations not only have geographical advantages but also cheaper labor and land properties, Taiwan News reports.