The costs of a strike by Korean truck drivers – the second this year – are starting to mount, with steel and cement producers reporting disruption. A prolonged period of industrial action would be damaging at a time when the economy is already being hit hard by weaker export demand, high interest rates and elevated inflation.
Meanwhile, there is a good chance that the opposition KMT will do well in local elections in Taiwan this Saturday. But this would not be a sign that Taiwan’s voters want concessions to China or tell us much about how cross-Strait relations will evolve.
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