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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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
-Terry Cooke, Foreign Policy Research Institute