Episode 59 - Taiwan: A Bridge For East-West Commerce?

Show Notes

Taiwan is one of the “Four Asian Tiger” economies. Its companies hold 66% of the world’s semiconductor market. It consistently tops the USPTO per-capita list of patent files, and its population of about 25 million enjoys what is considered the world’s fastest internet connection. It is becoming a major player in data. Considered part of China by the PRC which refers to it as the “Taiwan Authority,” Taiwan declares itself to be the Republic of China. Despite geopolitical issues, robust business flows between the two. Taiwan is a leading investor in the PRC. Commerce between the two seems unimpeded by political differences. With rising tensions between the U.S. and PRC, alongside changes in Hong Kong that threaten the “one country two systems” approach, how should global business consider Taiwan? Is it a bridge for east-west data-related commerce? John Eastwood leads of the Taiwan firm Eiger Law’s Greater China Practice. John EASTWOOD - Eiger. In this podcast John explains how Taiwan is becoming a major Asian data, financial and regional headquarter center for North American and European businesses, growing to rival Singapore and Hong Kong. Personal privacy protection is highly valued and regulated by Taiwan law that differs significantly from the PRC’s data localization regimen. Taiwan generally blocks flows of personal information from Taiwan to the PRC, and so can be viewed as a safe haven for western businesses that collect and process personal and company data in Asia. Unlike the PRC, Taiwan does not require data to be shared at will with government authorities. Taiwan’s Personal Data Protection Act (PDPA) adopts entirely neither the U.S. nor the GDPR model, though it embraces most of the key principles of the GDPR. Taiwan’s Personal Data Protection Rules - Taiwan Business TOPICS (amcham.com.tw). More flexible and consent-based than the EU’s regulation but comprehensive unlike the U.S. sectoral approach, Taiwan in recent years has broadened the protection of personal data while aiming to be attractive to multinational business seeking an east Asian data hub. Taiwan is pursuing an “adequacy decision” with the EU while addressing numerous concepts differently from the GDPR’s provisions. If you have ideas for more interviews or stories, please email [e-mail].

What is Data Privacy Detective?

The internet in its blooming evolution makes personal data big business – for government, the private sector and denizens of the dark alike. The Data Privacy Detective explores how governments balance the interests of personal privacy with competing needs for public security, public health and other communal goods. It scans the globe for champions, villains, protectors and invaders of personal privacy and for the tools and technology used by individuals, business and government in the great competition between personal privacy and societal good order.

We’ll discuss how to guard our privacy by safeguarding the personal data we want to protect. We’ll aim to limit the access others can gain to your sensitive personal data while enjoying the convenience and power of smartphones, Facebook, Google, EBay, PayPal and thousands of devices and sites. We’ll explore how sinister forces seek to penetrate defenses to access data you don’t want them to have. We’ll discover how companies providing us services and devices collect, use and try to exploit or safeguard our personal data.

And we’ll keep up to date on how governments regulate personal data, including how they themselves create, use and disclose it in an effort to advance public goals in ways that vary dramatically from country to country. For the public good and personal privacy can be at odds. On one hand, governments try to deter terrorist incidents, theft, fraud and other criminal activity by accessing personal data, by collecting and analyzing health data to prevent and control disease and in other ways most people readily accept. On the other hand, many governments view personal privacy as a fundamental human right, with government as guardian of each citizen’s right to privacy. How authorities regulate data privacy is an ongoing balance of public and individual interests. We’ll report statutes, regulations, international agreements and court decisions that determine the balance in favor of one or more of the competing interests. And we’ll explore innovative efforts to transcend government control through blockchain and other technology.

If you have ideas for interviews or stories, please email [e-mail].