Today Online
Date: 11 March, 2018
TAIPEI — Taiwan will face a tough challenge staunching what could be an even bigger
Office workers at a cafe in Taipei. Analysts warn Taiwan will face a tough challenge staunching what brain drain and exodus of investment to China after Beijing’s latest offer of economic sweeteners to lure Taiwanese. Photo: Reuters
brain drain and exodus of investment to the mainland after Beijing’s latest offer of economic sweeteners to lure Taiwanese, analysts and lawmakers warned.
“More young people who have complained about low pay in Taiwan or who want to find a bigger market for development would choose to work on the mainland because of the incentives,” said Professor Chang Wu-ueh from Tamkang University’s China Study Institute.
In what analysts called an offensive designed to counter Taiwan’s attempts to declare independence, Premier Li Keqiang promised in his government work report delivered at the first session of the 13th National People’s Congress that the mainland would expand economic and cultural exchanges.
The aim would be to gradually allow Taiwanese to receive the same treatment as mainlanders while studying, doing business, working or living on the mainland, Mr Li said in the report. [FULL STORY]
