Taishang

Source: Wikipedia, the free encyclopedia.
For other uses, see Taishang (disambiguation).

Taishang (Chinese: 臺商; pinyin: Tái Shāng) are Taiwanese businesspeople who do business in mainland China.[1] The term literally translates into English as "Taiwan Business." There are no official statistics on the number of Taishang working in mainland China. Unofficial estimates circulating in 2011 suggested that between 1 million and 3 million Republic of China nationals (including family members) lived in mainland China.[2]

Economic impact

Taiwan Approved Investments in Mainland China by Cases Accumulation from 1991 to 2014

The more Taiwanese capital is invested in the mainland, the more it becomes part and parcel of China's growing economy.[3] Therefore, the Taishang are a major force in the economic integration of China with the larger world-economy.

After the economic reform escalated, China has attracted a huge amount of direct investments from Taiwan and concomitantly a large number of Taiwanese entrepreneurs, managers, and professionals moved to China. China has replaced the US as Taiwan's top importer in 2003.[4]

The change of government in Taiwan in May 2008 and the economic crisis that took hold of coastal China in late 2008 and continued throughout 2009, forced many factories in Taiwan to close down or relocate to other countries. This led to a large increase in the number of Taishang in Mainland China.[5]

As of the end of 2008,

China's Ministry of Commerce (MOC) reported Taiwanese direct investment (TDI) in China to be US$47.7 billion; Taiwan's Ministry of Economic Affairs (MOEA) Investment Commission (hereafter, Investment Commission) announced a total investment value of US$75.6 billion; Taiwan's Mainland Affairs Council (MAC) estimated the amount at between US$100 billion and US$150 billion; many private sectors in Taiwan estimated the amount to be between US$100 billion and US$200 billion.[6]

Political impact

Collectively, the Taishang are seen as an important group in

KMT party.[11] Prior to the 2012 Taiwanese legislative and presidential elections, an organization controlled by the Chinese government's Taiwan Affairs Office, Association of Taiwan Investment Enterprises on the Mainland [zh] (ATIEM), organized discounted flights to Taiwan for Taishang to vote in Taiwanese elections.[12][13]

Most Taishang are not interested in Chinese media journalism or television programmes.[5] This is because the perception of being superior to the PRC Chinese discourages them from becoming involved in Chinese society and politics.[14]

References

  1. ^ "Taishang in 2012: Still "business is business"?". nottspolitics.org. Archived from the original on 2022-04-22. Retrieved 2015-02-06.
  2. ^ "Asia Times Online :: Politics seen in cheap China-Taiwan flights". atimes.com. Archived from the original on 2011-12-07.{{cite web}}: CS1 maint: unfit URL (link)
  3. doi:10.1525/as.2010.50.2.287
    .
  4. S2CID 144452072
    .
  5. ^
    doi:10.1177/186810261003900104
    .
  6. S2CID 168625126
    .
  7. ^ "Beijing's Trojan Horse? China Policy Institute Blog". nottingham.ac.uk. Archived from the original on 2015-02-06. Retrieved 2015-02-06.
  8. ISSN 0362-4331. Archived
    from the original on 2023-09-05. Retrieved 2023-09-05.
  9. ISBN 978-1-137-00991-3. Archived
    from the original on 5 September 2023. Retrieved 20 October 2016.
  10. ISBN 978-0-8330-4253-8. Archived
    from the original on 5 September 2023. Retrieved 20 October 2016.
  11. ^ "Fair Observer blog". www.fairobserver.com. 9 February 2012. Archived from the original on 4 February 2015. Retrieved 6 February 2015.
  12. ^ "How China's shadowy agency is working to absorb Taiwan". Reuters. 2014-11-27. Archived from the original on 2023-03-09. Retrieved 2023-03-09.
  13. S2CID 245973725
    .
  14. S2CID 143902235
    .
Retrieved from "https://en.wikipedia.org/w/index.php?title=Taishang&oldid=1173901190"