Taiwan's government says China's economy is stuck with too much supply and too little demand, and the resulting price wars are hurting Taiwanese companies operating there.

• China's growth target for this year is set low, a sign of pressure at home and abroad.
• Chinese firms are cutting prices to stay alive, and Taiwanese, American, and European companies all call that the biggest problem of doing business there.
• Consumption, investment, and exports are all lopsided — strong on the outside, weak inside.
• Taiwan is pitching itself as the alternative, touting last year's growth rate as the best in 15 years and extending its investment incentive programs to the end of 2027.
• Taipei says it will back Taiwanese businesses caught between a slowing China and the reshuffling of global supply chains, while keeping the door open to talks with Beijing.

Outlook: Expect more Taiwanese money to shift out of China and toward Taiwan and other markets as the price wars grind on.