TAIWAN

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TAIWANS INTERNATIONAL ECONOMIC
RELATIONS ECONOMIC INTEGRATION ACROSS THE
TAIWAN STRAIT
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We must certainly complete the great task of
unifying the mother country (1978)
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(No Transcript)
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A comparison of two Chinese economies- China and
Taiwan in 2006
China Taiwan
GDP (official exchange rate) Index with Taiwan GDP 100 US 2,527 billion 688.0 US 346.7 billion 100.0
GDP (purchasing power parity) Index with Taiwan GDP 100 US 10,210 billion 1,410.0 US 681.8 billion 100.0
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GDP comparison (2006) with Taiwan GDP 100
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GDP in China and Taiwan (at current prices)
China GDP (US m., current prices) Taiwan GDP (US m., current prices) Taiwan GDP as China GDP
1978 210,649 26,836 12.7
1980 303,056 42,285 13.7
1985 307,022 63,409 20.7
1990 390,278 164,513 42.2
1995 727,981 273,792 37.6
2000 1,198,476 321,230 26.8
2001 1,324,818 291,694 22.0
2002 1,453,820 297,668 20.5
2003 1,640,967 305,624 18.6
2004 1,931,644 331,007 17.1
2005 2,244,563 354,918 15.8
2006 2,645,212 364,422 13.8
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Changing relative levels of GDP (1978-2006)
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A comparison of per capita GDP inChina and
Taiwan (2006)
China Taiwan
Average per capita GDP (PPP terms) With Taiwan per capita GDP 100 US 7,800 26.4 US 29,600 100.0
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Per capita GDP (PPP), 2006
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Quantitative indicators of Taiwans merchandise
trade
  All figures in US million All figures in US million All figures in US million All figures in US million
  Exports Imports Total Balance
1952 117 187 304 -70
1960 164 297 461 -133
1965 450 556 1,006 -106
1970 1,481 1,524 3,005 -43
1975 5,309 5,952 11,261 -643
1980 19,811 19,733 39,544 78
1985 30,726 20,102 50,828 10,624
1990 67,214 54,716 121,930 12,498
1995 113,342 104,012 217,354 9,330
1999 123,733 111,196 234,929 12,537
2000 151,950 140,732 292,682 11,218
2001 126,314 107,971 234,285 18,344
2002 135,317 113,245 248,562 22,072
2003 150,600 128,010 278,611 22,590
2004 182,370 168,758 3511280 13,613
2005 198,432 182,614 381,046 15,817
2006 224,017 202,698 426,715 21,319
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Taiwans merchandise trade
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Taiwans outward investment (1952-2006, selected
years)
Total outward investment (US million) Shares to () Shares to () Shares to ()
Total outward investment (US million) North America Asia Europe
1952-79 59.3 22.9 82.6 0.2
1980 42.1 83.4 7.5 0.2
1985 41.3 86.7 10.2 2.2
1990 1,552.2 54.0 38.8 6.2
1995 1,356.9 58.0 34.5 4.4
2000 5,077.1 77.7 16.7 1.2
2001 4,391.7 78.8 18.6 1.0
2002 3,370.0 73.5 15.7 3.7
2003 3,968.6 68.8 26.8 2.0
2004 3,382.0 55.6 37.7 1.8
2005 2,447.4 66.1 17.6 4.1
2006 4,315.4 54.1 32.2 2.9
NOTE Asia here excludes Mainland China
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Resolutely liberate Taiwan. Save theTaiwanese
people from their misery (1955)
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We must liberate Taiwan (1958)
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We must liberate Taiwan (1971)
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We must liberate Taiwan (1977)
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Taiwanese compatriots are our brothers (1976)
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Taiwanese compatriots are our blood brothers
(1978)
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Chinas economic potential in comparative
perspective
Chinas per capita GDP as of each region (country) Chinas per capita GDP as of each region (country) Implied US dollar gap Implied US dollar gap
1995 2015 1995 2015
Seven dynamic Asian countries (incl. Taiwan) 42.5 51.6 - 3,603 - 6,010
32 advanced capitalist countries 15.8 28.9 - 14,157 - 15,801
Eastern Europe 51.6 68.9 - 2,492 - 2,894
World 51.1 87.4 - 2,541 - 925

USA 11.3 21.1 - 20,724 - 23,870
Japan 13.5 25.1 - 17,067 - 19,135
India 169.2 205.1 1,085 3,278
Former Soviet Union 73.9 108.8 - 937 516
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Changing cross-straits trade dependence
All figures shown as estimates All figures shown as estimates All figures shown as estimates All figures shown as estimates
Taiwans total trade with China as share of Taiwans global trade Taiwans exports to China as share of Taiwans global exports Taiwans imports from China as share of Taiwans global imports Chinas imports from Taiwan as share of Chinas global imports
1985 1.06 1.40 0.58 2.34
1988 2.47 3.70 0.96 4.06
1990 4.23 6.54 1.40 8.24
1991 5.57 9.79 0.46 11.75
1992 7.31 12.84 1.03 13.09
1993 9.19 16.28 1.31 13.46
1994 9.93 16.99 2.17 13.86
1995 10.36 17.15 2.97 14.71
1996 10.79 17.63 2.97 14.93
1997 11.03 18.08 3.41 15.77
1998 11.00 17.62 3.91 14.15
1999 11.00 17.22 4.07 12.86
2000 10.67 16.46 4.43 11.11
2001 13.45 20.27 5.47 10.51
2002 15.89 23.30 7.04 10.68
2003 17.70 25.43 8.61 9.28
2004 18.72 26.83 9.95 8.72
2005 20.04 28.36 11.00 8.53
2006 20.65 28.27 12.23 8.00
Source Taiwan, Mainland Affairs Council
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Taiwan and China changing mutual trade
dependence
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Taiwans outward investment
Investment destination 1991-2006 cumulative 1991-2006 cumulative January-July 2007 January-July 2007
Investment destination Amount of investment (US m.) As total outward investment Amount of investment (US m.) As total outward investment
China 54,898.5 54.5 4,831.1 71.1
British Central America 18,449.9 18.3 582.4 8.6
United States 7,629.5 7.6 183.6 2.7
Hong Kong 2,483.4 2.5 100.1 1.5
Singapore 3,477.4 3.5 303.3 4.5
Vietnam 1,353.1 1.3 52.6 0.8
Japan 1,102.2 1.1 3.7 0.05
Thailand 991.9 1.0 26.0 0.4
Philippines 499.0 0.5 8.0 0.1
Others 8,678.3 8.6 614.6 9.2
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Outward investment from Taiwan
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PRC estimates of Taiwans utilised investment
(FDI) in mainland China (2006)
Region or country of origin Value of FDI (US million)
GLOBAL 63,020.5
ASIA 35,084.9
Taiwan 2,135.8
Cayman Islands 2,095.4
Virgin Islands 11,247.6
SUB-TOTAL (Taiwan, Cayman and Virgin Islands) 15,478.8
Samoa 1,537.5
United States 2,865.1
Hong Kong 20,232.9
Japan 4,598.1
Source China Statistical Yearbook, 2007.
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Regional distribution in China of Taiwanese FDI
1995 1995 2000 2000 2005 2005 Cumulative 1991-2005 Cumulative 1991-2005
US m. US m. US m. US m.
ALL CHINA 1,092.7 100.0 2,607.1 100.0 6,007.0 100.0 47,256.2 100.0
Jiangsu (incl. Shanghai) 394.8 36.1 1,251.6 48.0 3,366.6 56.1 21,218.0 44.9
Guangdong 222.8 20.4 1,019.7 39.1 1,220.2 20.31 13,135.6 27.8
Fujian 56.0 32.1 121.7 11.1 398.3 6.6 3,882.9 8.2
Zhejiang 0.19 0.1 57.43 5.3 484.8 8.1 3,225.5 6.8
Hebei 7.47 4.3 83.19 7.6 196.0 3.3 2,023.2 4.3
Shandong 2.06 1.2 24.04 2.2 109.0 1.8 830.4 1.8
Sichuan 0.17 0.1 6.50 0.6 43.8 0.7 535.0 1.1
Hubei 0.80 0.5 24.44 2.2 39.4 0.7 471.3 1.0
Hunan 0.14 0.1 31.56 2.9 12.0 0.2 180.1 0.4
Liaoning 0.31 0.2 36.61 3.4 18.6 0.3 390.2 0.8
Other 9.33 5.4 89.76 8.2 118.2 2.0 1,363.8 2.9
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Distribution of Taiwanese investment in China,
1991-2005
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Distribution of Taiwanese investment in China,
2005
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The feelings of sisters on both sides of the
Taiwan Straits (1990)