taiwan country analysis brief home briefs pdf version august 2005 background oil natural gas coal electric power environment profile links located across the strait from mainland china 80 miles at closest point is a leading economic and trading center with one of busiest ports in world kaohsiung as lacks sufficient domestic energy sources it almost totally dependent on imports note information contained this report best available general after peaking second quarter 2004 s economy has been growing slower rate recently real gdp growth expected to be 3 8 percent down 5 7 dampening factors include slowdown export sector high global prices weakening external demand uncertainty tech heavily oriented toward manufacturing consumer electronics products was admitted membership trade organization wto november 2001 concurrently admission unlike developed which imposes more stringent requirements