July 30, 2009

Reunification Watch: First China-Taiwan Direct Private Investment

Newland Computer Holdings of Fuzhou, Fujian Province, has acquired the controlling stake in Taiwan based Dipu Tech in a cash deal approved by Chinese regulators. This small step is an example of the economic absorption method Beijing will use to slowly and inexorably blend Taiwan's economy with the mainland, the key process to eventual unification. It took 17 years (founding of the ShenZhen Special Economic Zone in 1980) to unite Hong Kong economically. It will most likely take much longer with Taiwan particularly if there is resistence from the USA....

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