China's New Effort to Woo Taiwan

China is building a gigantic special economic zone on a cluster of islands on the other side of the Taiwan Strait some 150 km from the port city of Taichung, for the sole purpose of enhancing cross-straits industrial cooperation. The Taiwanese are aware that it is the latest plan to lure Taiwan into an ever-closer economic embrace, It is unlikely that the Taiwanese government will take the necessary steps to link up with the Chinese plan before national elections expected in early 2012. It is also being questioned by businessmen, who don’t believe the markets or the infrastructure are attractive in Fujian, the province across the strait.

Read →

Comments on this post are for paid subscribers