StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Discuss the Advantages and Disadvantages for Taiwan of Closer Cross-Strait Economic Relations - Essay Example

Cite this document
Summary
The increasing cross-Strait trade and investment relationship between Taiwan and China tend to have played a crucial role in the economic development of both the countries. Taiwan and China have shared political rivalry for several decades leading to growing political contention…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.2% of users find it useful
Discuss the Advantages and Disadvantages for Taiwan of Closer Cross-Strait Economic Relations
Read Text Preview

Extract of sample "Discuss the Advantages and Disadvantages for Taiwan of Closer Cross-Strait Economic Relations"

Download file to see previous pages

Even the growth that is boosted by the economic affiliation does not reduce the threats and political confrontation between these two countries. As this relationship between the two politically contravening countries turn to the extent of interdependency upon each other, significant threats are perceived on the part of Taiwan. The country considers the economic interdependency with China as dangerous to its political sovereignty and prosperity because of traditional conflicts. However, it is not easy for the country to revert its trade relations with China due to the support it provides to the economic development of the country.

Understandably, this association is not only beneficial for China but also for Taiwan. This paper examines the advantages of this economic relationship in the perspective of both the countries and investigates the threats as perceived by Taiwan concerning the political future of the country. The trade and investment relations between China and Taiwan happen to have been initiated and promoted by a wide variety of economic as well as environmental factors. Roy (2004, p2) suggests that “the forces propelling cross-Strait economic relations are obvious: close geographic proximity, a common language and culture, and in some cases ancestral ties”.

The major factors responsible for rising cross Strait relationship are the strong cultural and social bonds shared by the two countries. People tend to communicate with each other with great ease and geographical location of these countries is also favourable for closer trading activities. These are some environmental factors that could be deemed as the ones driving staunch economic relationship between China and Taiwan. However, this does not tend to be the only reason behind the growing economic relations between the two countries.

There happen to be

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Discuss the Advantages and Disadvantages for Taiwan of Closer Essay”, n.d.)
Discuss the Advantages and Disadvantages for Taiwan of Closer Essay. Retrieved from https://studentshare.org/miscellaneous/1537573-discuss-the-advantages-and-disadvantages-for-taiwan-of-closer-cross-strait-economic-relations
(Discuss the Advantages and Disadvantages for Taiwan of Closer Essay)
Discuss the Advantages and Disadvantages for Taiwan of Closer Essay. https://studentshare.org/miscellaneous/1537573-discuss-the-advantages-and-disadvantages-for-taiwan-of-closer-cross-strait-economic-relations.
“Discuss the Advantages and Disadvantages for Taiwan of Closer Essay”, n.d. https://studentshare.org/miscellaneous/1537573-discuss-the-advantages-and-disadvantages-for-taiwan-of-closer-cross-strait-economic-relations.
  • Cited: 0 times

CHECK THESE SAMPLES OF Discuss the Advantages and Disadvantages for Taiwan of Closer Cross-Strait Economic Relations

WTO Effect on Taiwan

Countries vie for an upgrade in their competitiveness by integrating domestic financial markets with foreign ones.... Although financial internationalization covers a wide… This is mainly because capital account liberalization allows capital to move freely across borders, which may erode the stability of the stock market, foreign exchange (Antkiewicz, 2004) In other words, the more internationalized the financial markets and the more liberalized the capital account, the more challenges the autonomy of monetary policy have faced....
8 Pages (2000 words) Essay

Taiwan Trade Relations

support for taiwan's involvement in global institutions; put more pressure on the PRC for discussion to the elected Taiwan government, and give up the use of force.... The paper "Taiwan Trade relations" presents that Taiwan (The Republic of China) and the United States have a history of a long and strong friendship.... companies can take advantage of Taiwan's relations and skills in increasing their trade-in Asia, particularly in China.... But the friendship between the peoples of the United States and ROC continued unofficially and maintained its commercial, cultural, and other major relations....
6 Pages (1500 words) Essay

The Second Taiwan Strait Crisis and the Sino-Soviet Split

nbsp;… This research will begin with the statement that Sino-Soviet relations were, for the most part, characterized as unstable, particularly once the two countries connected as states in the 1600s.... The office of the US Central Intelligence Agency reported to the US's administrators in February 1962 that: Sino-Soviet relations are in a critical phase just short of an acknowledged and definitive split.... Athwal argues that the US' “nuclear superiority” put increasing pressures on Sino-Soviet relations and policies by first influencing China to obtain nuclear weapons and by forcing the Soviets to look to the West in a more amicable way....
6 Pages (1500 words) Essay

Similarities and Differences in the International Trade Politics between China and Taiwan

While the… al meaning of international trade refers to the international exchange of goods and services under certain rules and government structured policies in order to regulate the trade flow, inclusion of diplomatic relations within the paradigm has raised its complexities largely and Correspondingly, international trade politics between two or more nations also project a clearer picture about the political relationships between those nations (Buthe & Milner, 2008)....
8 Pages (2000 words) Essay

Advantages and disadvantges of the genetically modified crops

Genetically modified foods are foods that come from animals or plants that have had their genetic makeup altered by removal of genes or addition of genes from other organisms as noted by Bijaya (2013).... The practice of modifying organisms to improve their quality has been done… centuries through cross-breeding but in this case, with the help of genetic engineering, the modification is done directly and produces results faster....
4 Pages (1000 words) Essay

The PRC-Taiwan Crisis

A solution that does not consider the future of these two states should not be selected over a solution that has considered the social, political, and economic development plans for China and Taiwan.... From the paper "The PRC-taiwan Crisis" it is clear that China on its part has however not reduced its military alert levels because they are afraid of what an attack can cause of their nation.... hellip; China has surely considered the consequences of such a move and it will be very hard for them to conduct an attack on taiwan....
7 Pages (1750 words) Essay

The Strategic Importance of Taiwan to Us-China Relations

From the paper "The Strategic Importance of Taiwan to Us-China relations" it is clear that with the advancement in globalisation and technology, the true stake for international dominance is no longer the forceful means by which countries relate to others.... Even when arguing from a realist thinking, Li (2003) observes that there are several hostile and cold relations between China and Japan than there is between China and Taiwan.... In the light of this, there are several behind the scene actions of interest that are taken by both countries in ensuring that they can minimise any possible adversities one of them can offer, whiles enhancing or maximising the strategic growth opportunities of their relations....
14 Pages (3500 words) Coursework

China and Taiwan Relations

This research paper “China and Taiwan relations” examines the relationship between domestic politics and international relations as far as China and Taiwan are concerned.... The politics in Taiwan is in itself a central link between the economic ties and the relations between China and Taiwan.... Omitting Taiwan's domestic politics will thus mean a negative effect on the cross-strait relations between the two nations (Christensen 8)....
9 Pages (2250 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us