Businesses guarding against changes in China’s policy toward Taiwan

Focus Taiwan
Date: 2016/04/21
By: Tsai Yi-chu and Evelyn Kao

Taipei, April 21 (CNA) Chen Tain-jy (陳添枝), who has been named head of the

Beijing. (CNA file photo)

Beijing. (CNA file photo)

National Development Council (NDC) in Taiwan’s incoming government, said Thursday that China’s policy toward Taiwan after the new government takes office May 20 will have a huge impact on the island.

Chen, a professor at National Taiwan University’s Department of Economics, was addressing a forum on strategies by Taiwanese businesses to gain footholds in Asia and expand globally.

The Taiwanese businesses tend to pursue short-term gains, focusing on three major markets, the United States, Japan and China, mainly because of their uncertainty about Taiwan’s future, Chen noted.

Most Taiwanese businesses are trying to guard against any potential risks and detrimental effects of China’s policy toward Taiwan after the new government takes office, he said.     [FULL  STORY]

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