Marching towards China. Taiwan:. Beth Block Sam Bonsall Ching-Yi Liu Michelle Walker. Taiwan: Marching Towards China. Background Relationship with China Migration of Business to China Technology Example. Taiwan is a small Island off the eastern cost of Asia in the western Pacific
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Taiwan is a small Island off the eastern cost of Asia in the western Pacific
The capital Taipei, is located on the northern end of the island
Home to 22.5 million people
Education of the people has been a focus in recent years
Taiwan is part of an island chain forming an arc along the Asiatic continental shelf
-Taiwan’s outward investment was approximately USD 32 billion by the end of 2001.
-Mainland China has attracted 38.8% of Taiwan’s total foreign Investment. (12.4 billion)
-Mainland China is Taiwan’s third largest trading partner. (Meanwhile, Taiwan is the 5th largest source of foreign investment in China)
-Mainly invested in Electronics and electrical products (30.43%)
-Investment mainly centered in Jiangsu (61.6%) and Guangdong (24.4%).
Labor rate per hour is around 1/9 of Taiwan’s.
-Chenming Calvin Hu, CTO of Taiwan Semiconductor
“Most intriguing of all across the Taiwan Strait is the possibility that global forces of commercial integration may be transforming a political legacy of division in ways not commonly thought of, much less understood.”
-Terry Cooke, Foreign Policy Research Institute