Taiwan investments in China and Southeast Asia: "Go West, but Also Go South"

Asian Survey

Volumn 36, Issue 5, 1996, Pages 447-467

  Chen, Xiangming ^a  

^a UNIVERSITY OF ILLINOIS AT CHICAGO   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

DECISION MAKING; DEVELOPING REGION; FOREIGN DIRECT INVESTMENT; INVESTMENT FLOWS; REGIONAL INTEGRATION;

ASIA, (SOUTHEAST); CHINA; TAIWAN;

EID: 0030430723     PISSN: 00044687     EISSN: None     Source Type: Journal    
DOI: 10.2307/2645493     Document Type: Article

References (47)

1. The referee commented that Taiwan's investment in China involves used equipment that might be spruced up to look new and bring higher valuation, which could benefit the Taiwan investor in determining his equity contribution in a joint venture. There were also contracted investments that were later canceled but went unreported. Both factors might have contributed to an upward bias of the annual statistical series on investment in Table 1.
2. Junko Takeuchi, "Trends and Prospect for Foreign Investment in ASEAN Countries in the 1990s," Rim: Pacific Business and Industries, 1:27 (1995), pp. 22-41.
3. Hsiao-hung Nancy Chen, "An Overview of Taiwan's investments in Mainland China and Southeast Asia," in Industrial Structural Change and Trends in Interaction Between Mainland China and Taiwan (in Chinese) (Taipei: Chung-Hua Institution for Economic Research, June 1993), p. 180.
4. Charles H. C. Kao, Chu-Chia Steve Lin, Cher Hsu and Wennie Lin, The Taiwan Investment Experience in Mainland China: A First-hand Report (in Chinese) (Taipei: Commonwealth Publishing Co., 1995), p. 43; Central Daily News (hereafter CDN), intnl. ed., February 11, 1996, p. 1; Renmin Ribao, overseas edition, November 1, 1995, p. 5.
5. Charles H. C. Kao, Chu-Chia Steve Lin, Cher Hsu and Wennie Lin, The Taiwan Investment Experience in Mainland China: A First-hand Report (in Chinese) (Taipei: Commonwealth Publishing Co., 1995), p. 43; Central Daily News (hereafter CDN), intnl. ed., February 11, 1996, p. 1; Renmin Ribao, overseas edition, November 1, 1995, p. 5.
6. Charles H. C. Kao, Chu-Chia Steve Lin, Cher Hsu and Wennie Lin, The Taiwan Investment Experience in Mainland China: A First-hand Report (in Chinese) (Taipei: Commonwealth Publishing Co., 1995), p. 43; Central Daily News (hereafter CDN), intnl. ed., February 11, 1996, p. 1; Renmin Ribao, overseas edition, November 1, 1995, p. 5.
7. Ming-ying Chan, "Issues Regarding the Development of Economic and Trade Exchanges across the Strait." (in Chinese) Tai-Gang-Ao Ji Haiwai Maoyi (Taiwan-Hong Kong-Macao and Overseas Trade), no. 8 (1995), p. 9.
8. Ibid., and H. H. Chen, "Overview of Taiwan's Investments," p. 135.
9. CDN, intnl. ed., September 7, 1994, p. 8; March 7, 1995, p.6; June 2, 1995, p. 6.
10. CDN, intnl. ed., September 7, 1994, p. 8; March 7, 1995, p.6; June 2, 1995, p. 6.
11. CDN, intnl. ed., September 7, 1994, p. 8; March 7, 1995, p.6; June 2, 1995, p. 6.
12. H. H. Chen, "Overview," p. 214; Kao et al., Taiwan Investment Experience, p. 165; Changyung Liu et al., "A Study of the Current Operation of Taiwanese Companies in the Mainland," in Investing in the Mainland Market: Industry Investment and Cross-Straits Division of Labor (in Chinese) (Taipei: The R.O.C. Association of Management Science, 1993), pp. 53 and 33; Xiangming Chen, "The New Spatial Division of Labor and Commodity Chains in the Greater South China Economic Region," in Gary Geretti and Miguel Korzeniewicz, eds., Commodity Chains and Global Capitalism (Westport, Conn., Greenwood Press, 1994), p. 177.
13. H. H. Chen, "Overview," p. 214; Kao et al., Taiwan Investment Experience, p. 165; Changyung Liu et al., "A Study of the Current Operation of Taiwanese Companies in the Mainland," in Investing in the Mainland Market: Industry Investment and Cross-Straits Division of Labor (in Chinese) (Taipei: The R.O.C. Association of Management Science, 1993), pp. 53 and 33; Xiangming Chen, "The New Spatial Division of Labor and Commodity Chains in the Greater South China Economic Region," in Gary Geretti and Miguel Korzeniewicz, eds., Commodity Chains and Global Capitalism (Westport, Conn., Greenwood Press, 1994), p. 177.
14. H. H. Chen, "Overview," p. 214; Kao et al., Taiwan Investment Experience, p. 165; Changyung Liu et al., "A Study of the Current Operation of Taiwanese Companies in the Mainland," in Investing in the Mainland Market: Industry Investment and Cross-Straits Division of Labor (in Chinese) (Taipei: The R.O.C. Association of Management Science, 1993), pp. 53 and 33; Xiangming Chen, "The New Spatial Division of Labor and Commodity Chains in the Greater South China Economic Region," in Gary Geretti and Miguel Korzeniewicz, eds., Commodity Chains and Global Capitalism (Westport, Conn., Greenwood Press, 1994), p. 177.
15. H. H. Chen, "Overview," p. 214; Kao et al., Taiwan Investment Experience, p. 165; Changyung Liu et al., "A Study of the Current Operation of Taiwanese Companies in the Mainland," in Investing in the Mainland Market: Industry Investment and Cross-Straits Division of Labor (in Chinese) (Taipei: The R.O.C. Association of Management Science, 1993), pp. 53 and 33; Xiangming Chen, "The New Spatial Division of Labor and Commodity Chains in the Greater South China Economic Region," in Gary Geretti and Miguel Korzeniewicz, eds., Commodity Chains and Global Capitalism (Westport, Conn., Greenwood Press, 1994), p. 177.
16. Chi Hsueh, "The Go-South Policy and the Asia-Pacific Operational Center," pp. 13-37 in Pai-hsian Peng, ed., The Go-South Policy and Taiwan's Economic Future (in Chinese) (Taipei: New Society Foundation, 1995), p. 23; CDN, intnl. ed., June 2, 1995; August 28, 1995.
17. Chi Hsueh, "The Go-South Policy and the Asia-Pacific Operational Center," pp. 13-37 in Pai-hsian Peng, ed., The Go-South Policy and Taiwan's Economic Future (in Chinese) (Taipei: New Society Foundation, 1995), p. 23; CDN, intnl. ed., June 2, 1995; August 28, 1995.
18. Chi Hsueh, "The Go-South Policy and the Asia-Pacific Operational Center," pp. 13-37 in Pai-hsian Peng, ed., The Go-South Policy and Taiwan's Economic Future (in Chinese) (Taipei: New Society Foundation, 1995), p. 23; CDN, intnl. ed., June 2, 1995; August 28, 1995.
19. CDN, intnl. ed., May 31, September 15, 1995.
20. H. H. Chen, "An Overview," p. 194.
21. Investment activities in Subic Bay assembled from CDN, intnl. ed., various; Michael DiCicco, "A Port Prospers in Civvies." Business Week (September 25, 1995), pp. 119-20; Subic Bay Advantage (official publication of the SBMA), 1.3 (September 1995), p. 4.
22. Investment activities in Subic Bay assembled from CDN, intnl. ed., various; Michael DiCicco, "A Port Prospers in Civvies." Business Week (September 25, 1995), pp. 119-20; Subic Bay Advantage (official publication of the SBMA), 1.3 (September 1995), p. 4.
23. Investment activities in Subic Bay assembled from CDN, intnl. ed., various; Michael DiCicco, "A Port Prospers in Civvies." Business Week (September 25, 1995), pp. 119-20; Subic Bay Advantage (official publication of the SBMA), 1.3 (September 1995), p. 4.
24. CDN, intnl. ed., June 2, August 27, 1995, and March 2, 1996; also Yung-ker Lin, "Taiwan Businessmen March with the Southward Policy?" (in Chinese), China Times Weekly (January 9-15, 1994) pp. 30-31.
25. CDN, intnl. ed., June 2, August 27, 1995, and March 2, 1996; also Yung-ker Lin, "Taiwan Businessmen March with the Southward Policy?" (in Chinese), China Times Weekly (January 9-15, 1994) pp. 30-31.
26. Hui-hsuan Huang, "Transnational Enterprises Are Flourishing," China Times Weekly, September 25-October 1, 1994, pp. 46-49; Dave Savona, "The Road to Hanoi," International Business, September 1995, pp. 14-16; Diane Brady, "Subic Bay Seeks to Be Alternative to Hong Kong as China Gateway," Asian Wall Street Journal, August 1, 1995, p. 3.
27. Hui-hsuan Huang, "Transnational Enterprises Are Flourishing," China Times Weekly, September 25-October 1, 1994, pp. 46-49; Dave Savona, "The Road to Hanoi," International Business, September 1995, pp. 14-16; Diane Brady, "Subic Bay Seeks to Be Alternative to Hong Kong as China Gateway," Asian Wall Street Journal, August 1, 1995, p. 3.
28. Hui-hsuan Huang, "Transnational Enterprises Are Flourishing," China Times Weekly, September 25-October 1, 1994, pp. 46-49; Dave Savona, "The Road to Hanoi," International Business, September 1995, pp. 14-16; Diane Brady, "Subic Bay Seeks to Be Alternative to Hong Kong as China Gateway," Asian Wall Street Journal, August 1, 1995, p. 3.
29. Chian-hua Tseng, "Tundex Goes West and South Simultaneously," China Times Weekly, May 15-21, 1994, p. 44.
30. CDN, intnl. ed. July 24, 1995, p. 3.
31. Ibid., July 15, 1994, p. 7, June 11, 1995, p. 3; Shi-chun Hsu, "The Core-Peripheral Firm Relationship Across the Strait" in Investing in the Mainland Market, pp. 70, 97; Kao et al., Taiwan Investment Experience, p. 18.
32. Ibid., July 15, 1994, p. 7, June 11, 1995, p. 3; Shi-chun Hsu, "The Core-Peripheral Firm Relationship Across the Strait" in Investing in the Mainland Market, pp. 70, 97; Kao et al., Taiwan Investment Experience, p. 18.
33. Ibid., July 15, 1994, p. 7, June 11, 1995, p. 3; Shi-chun Hsu, "The Core-Peripheral Firm Relationship Across the Strait" in Investing in the Mainland Market, pp. 70, 97; Kao et al., Taiwan Investment Experience, p. 18.
34. Ibid., July 15, 1994, p. 7, June 11, 1995, p. 3; Shi-chun Hsu, "The Core-Peripheral Firm Relationship Across the Strait" in Investing in the Mainland Market, pp. 70, 97; Kao et al., Taiwan Investment Experience, p. 18.
35. Raymond Vernon, "International Investment and International Trade in the Product Cycle," Quarterly Journal of Economics, 41:4 (1966), pp. 190-207.
36. See Mitchell Bernard and John Ravenhill, "Beyond Product Cycles and Flying Geese: Regionalization, Hierarchy, and the Industrialization of East Asia," World Politics, no. 47 (January 1995, pp. 171-209.
37. Ching-hui Huang, "An Analysis of the Relationship Between Taiwan's Investment on the Mainland and Manufacturing 'Hollowing Out'," in Winning in the Mainland Market (in Chinese) (Taipei: The R.O.C. Association of Management Science, 1993).
38. CDN, intnl. ed., March 3, 1996, p. 6; Chi Hsueh, "The Go-South Policy," pp. 28-30.
39. CDN, intnl. ed., March 3, 1996, p. 6; Chi Hsueh, "The Go-South Policy," pp. 28-30.
40. Man-houng Lin, The Separation and Unification of Taiwan and the Mainland in the Last 400 Years (in Chinese) (Taipei: Wu Shih Book Publishing, Inc., 1994), pp. 135-58.
41. Newsletter, Institute on Global Conflict and Cooperation (IGCC), University of California at San Diego, 11:1 (Spring 1995), pp. 1-2.
42. Mark Granovetter, "Economic Action and Social Structure: The Problem of Embeddedness," American Journal of Sociology, no. 91 (November 1985), pp. 481-510; also John Kao, "The Worldwide Web of Chinese Business," Harvard Business Review (March-April 1993), pp. 24-36.
43. Mark Granovetter, "Economic Action and Social Structure: The Problem of Embeddedness," American Journal of Sociology, no. 91 (November 1985), pp. 481-510; also John Kao, "The Worldwide Web of Chinese Business," Harvard Business Review (March-April 1993), pp. 24-36.
44. See Xiangming Chen, "The Evolution of Free Economic Zones and the Recent Development of Cross-National Growth Zones," International Journal of Urban and Regional Research, 19:4 (1995), pp. 593-621.
45. Yeh-ping Chen, "AFTA and Taiwan's Go-South Policy" (in Chinese), National Policy Dynamic Analysis, no. 81 (March 8, 1994), pp. 10-13.
46. CDN, intnl. ed., June 15, 1995, p. 3; March 2, 1996, p. 3.
47. CDN, intnl. ed., June 15, 1995, p. 3; March 2, 1996, p. 3.