Taiwan's Economics
INTRODUCTION
This project takes the perspective of Taiwanese businesses inclined to invest internationally. Since 1987 Taiwan's main international business partner has been China. The Chinese market has always been attractive to Taiwan business people, because it offers an immense population, lower production costs, and a common language, and cultural background. However, overall, Taiwan's economic integration with China has been somewhat limited due to their hostile history with each other. Taiwan was born in the aftermath of the Chinese Civil War in 1949, in which General Chiang Kai-shek fled to the small island and forming his own government. China thus views Taiwan as a renegade province that will eventually unify with the motherland. Taiwan however, views itself as a de facto but not de jure independent nation. Because Taiwan refuses to acknowledge itself as part of "one China", Taiwanese businesses are limited in the amount of trade and investment it can carry out with......
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