What areas of investment in Taiwan should remain off-limits to China?
From China to here, the government is planning to open capital inflows, but it won’t be as free as Taiwanese investment to China. We should welcome [long-term] investment [by Chinese companies] in manufacturing, real estate, hotels, and department stores. But short-term capital like in the stock market we have to monitor. Investments in the financial sector, in the insurance industry, or in the futures market — those we have to watch carefully. Q: Some KMT lawmakers have been pushing to lift the ban on direct transportation links between Taiwan and the mainland. Why is it so necessary? A: If we can have direct links, then Taiwanese factories can maintain their competitiveness. China is the production center for the whole world. Nobody can avoid that trend. If we keep indirect links, then costs will increase, and Taiwanese companies will be forced to go to China because the downstream companies are already there. But if Taiwanese manufacturers can ship [goods] from Taiwan to China in j
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