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November 15th, 2010
Former U.S. President Bill Clinton said he is amazed by Taiwan's rapid recovery from the Great Recession and lauded the country for its role as a leading chip-maker.
In the face of challenges from other rising countries in the same field such as Vietnam, Taiwan should invest more in R&D to ensure its leading position, Clinton said. He made the remarks Nov. 14 at a speaking engagement in Taipei City.
Identifying biotechnology and nanotechnology as promising industries in the coming years, Clinton called for Taiwan to channel more investment toward these fields.
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