Journal Call no. | HC411.A76 |
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Author | Underwood, Laurie. |
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Article Title | Winners and losers : where will Taiwan's billions go in 1997? / Laurie Underwood. |
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Is Part Of | Asiaweek ; v.23, no.4, 31 Jan 1997, p.52, illus. |
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Abstract | President Lee Teng-hui wants Taiwan businessmen to go slow in China. Also out as an investment destination: South Africa, which has decided to break diplomatic ties with Taipei in favor of Beijing. Hong Kong is also getting to be a problem, though it is not really a major destination of Taiwan money. In December 1996, Taiwan's ruling Kuomintang party transferred $30 million in Hong Kong assets to Singapore because of fears of confiscation when Beijing resumes sovereignty in July 1997. |
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