April 24, 2009

ReUnification Watch: China-Taiwan Talks to Expand Banking, Air Transport Ties

This weekend in Nanjing officials from the Beijing and Taipei governments will meet to negotiate greater economic ties. Taiwan wants approval to do banking business on the mainland and increase air routes. China wants to invest in Taiwan real estate and services. While outside observers don't expect rapid changes the talks are further evidence of the slow but inevitable economic absorption of Taiwan island into the Chinese motherland similar to the period 1980-84-1997 before the Hong Kong handover...

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