tag:blogger.com,1999:blog-10698887.post114358664512586073..comments2023-10-22T18:25:39.688+08:00Comments on The View from Taiwan: Taiwan to Open China InvestmentMichael Turtonhttp://www.blogger.com/profile/17974403961870976346noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-10698887.post-1143649446766309852006-03-30T00:24:00.000+08:002006-03-30T00:24:00.000+08:00Interesting that they mention banking in the artic...Interesting that they mention banking in the article. I've read a lot over the past couple of years how the banking industry in China is shaky and could be where the country overheats. Could Taiwan's expertise in financial services help improve the banking infrastructure over there? I don't know much about all of that, but I do know that if Taiwan wants to help change to a "service" economy, they could probably help by spreading their services to the Mainland.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1143619909197202542006-03-29T16:11:00.000+08:002006-03-29T16:11:00.000+08:00That's probably true.That's probably true.Michael Turtonhttps://www.blogger.com/profile/17974403961870976346noreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1143618048978458692006-03-29T15:40:00.000+08:002006-03-29T15:40:00.000+08:00but most are heading due west...that's the giant s...but most are heading due west...that's the giant sucking sound you hear. Its not coming from Hanoi. Political forces and market forces sometimes coincide - I just don't see it happening much at all in this case. Business will always find a go-around.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1143602475709799782006-03-29T11:21:00.000+08:002006-03-29T11:21:00.000+08:00common language, family ties, mature investments, ...<B>common language, family ties, mature investments, amortised costs, size of domestic market, yr competitors are there/heading there etc......those market forces</B><BR/><BR/>So, there are market forces pulling in both directions. Some pull to China, some don't.<BR/><BR/>MichaelMichael Turtonhttps://www.blogger.com/profile/17974403961870976346noreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1143602404151550442006-03-29T11:20:00.000+08:002006-03-29T11:20:00.000+08:00Sun, the major difference between the KMT now and...Sun, the major difference between the KMT now and then is that it now opposes all the policies it historically supported, since the DPP supports them. If the DPP supported curing cancer, the KMT would object. Not dealing with China goes back to 1949, when Chiang got defeated. It is not an LTH issue. The KMT split in the 1990s over the issue, and those who were for more mainland investment left to form the New Party and to follow Soong. BTW, Ma Ying-jeou's policy of not unifying until China is democratic is Lee Teng-hui's. Also, Ma's 30-50 year peace idea is James Soong's from the 2000 election. There's no "MYJ KMT" -- that is merely a fantasy of the MYJ-as-Messiah crowd.<BR/><BR/>MichaelMichael Turtonhttps://www.blogger.com/profile/17974403961870976346noreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1143600442528020002006-03-29T10:47:00.000+08:002006-03-29T10:47:00.000+08:00common language, family ties, mature investments, ...common language, family ties, mature investments, amortised costs, size of domestic market, yr competitors are there/heading there etc......those market forcesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1143598452343531512006-03-29T10:14:00.000+08:002006-03-29T10:14:00.000+08:001) the policy originate from LTH's KMT, let's not ...1) the policy originate from LTH's KMT, let's not confuse LTH with MYJ's KMT. this is not fair to those who do not know taiwan too well.<BR/><BR/>2) impact of LTH's diversification (southward) policy: huge loss during the financial crisis in 1997-99 in indonesia, philippines. <BR/>conclusion: decision best left to businessmen themselves.Sun Binhttps://www.blogger.com/profile/08093210384069958083noreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1143593178199952012006-03-29T08:46:00.000+08:002006-03-29T08:46:00.000+08:00What "market forces?" AFAIK market forces are one ...What "market forces?" AFAIK market forces are one thing that impel diversification. Costs in China are rising, electricity shortages remain a problem, the government is corrupt and unreliable, etc. Those too are "market forces." That is why lots of Taiwanese have been shifting to Vietnam recently.<BR/><BR/>This policy originated under the KMT, and recognizes the underlying threat that China poses to Taiwan. I don't know how successful it will be, but it is certainly worth attempting.Michael Turtonhttps://www.blogger.com/profile/17974403961870976346noreply@blogger.comtag:blogger.com,1999:blog-10698887.post-1143590321948502662006-03-29T07:58:00.000+08:002006-03-29T07:58:00.000+08:00How far can Chen really go to diversify in the fac...How far can Chen really go to diversify in the face of market forces? Isn't he on a hiding to nothing?Anonymousnoreply@blogger.com