The New Taiwan dollar has been appreciating with the force of a prairie fire.
The U.S. started the fire, they say, because our trade surplus is too high.
What's curious is that our exports have been blazing along as hot as ever.
Why did we set out down the trade surplus "road of no return"? Can we hit the brakes?
Do domestic small and mid-sized firms have the resiliency to spring up again like grass from a burnt field?
Japanese industry, which was also scorched by strong currency appreciation, has risen from the fire like the phoenix. Can we do the same?
In this month's cover story, we check up on the problems that the ROC's trade surplus has caused it and search for some answers to these questions.