3.13.2008

significant news of the day

The news of Taiwan's reversal of its previous ban on Taiwanese banks' investment in the mainland as well as the possibility of making it easier for mainlanders to buy property in Taiwan and for Taiwanese companies to bring mainland workers over sprung out at me as being rather significant for ever so many reasons.

Points of thought:

1) This would seem to indicate a further step towards reunification and a step closer to the end for Taiwanese independence supporters. On the one hand reunification has the possibility of doing many good things for the economy of Taiwan. On the other hand, freedom is a hefty price to pay for a bigger payday. One country, two systems has proven beneficial for a certain portion of residents in HK, but the SAR has experienced strong economic polarization as well.

2) Exposure to Taiwan living may benefit mainland workers.

3) Investment offrun from the mainland property bubble would also be good for the Taiwanese real estate market?

No comments: