New Launch Taiwan Related Investment Product

Along with other foreign investors, Asian investors would benefit from the opening up of China's markets. Hong Kong and Taiwan investors would, in particular, enjoy better competitive advantage in tapping the China market given their well-established business connections in China as well as their sharing of a common language and culture with the mainland. Meanwhile, Taiwanese businesses could further look forward to increased economic exchanges with China after its own accession to the WTO following China's entry, possibly paving the way for a smoother resolving of the long-standing cross-strait issue.

However, easier access to the China market would also mean increased competition for foreign funds among some Southeast Asian countries. Given China's vast market, which provides higher potential for expansion, some foreign investors will naturally choose to concentrate their investment on China. To this extent, Southeast Asian countries may become victims of China's WTO entry if they fail to improve their investment environment to maintain foreign investor interest. Despite the challenges, the growth in China's foreign trade would stimulate intra-regional trade and bring new business opportunities to Asian countries.

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