Taiwan in the Global Economy: Opportunities and Threats in the Coming Decade
Dr Chi Schive, Chairman, Taiwan Stock Exchange
Chair: Dr Kerry Brown, Senior Fellow, Asia Programme, Chatham House
Mainland Chinese outward investment is increasing massively. It now stands as the world's sixth largest outward investor. But there are fears that some of its investments have a political price tag. Costa Rica, for instance, accepted USD200 million in aid in 2008, on condition that it switched recognition from Taiwan to the PRC. Many hundreds of mainland Chinese companies have listed in Hong Kong, and over 70 in London.
The speaker will discuss the ways in which this increasing flow of investment abroad can benefit Taiwan's economy, and the problems it poses. He will also examine the policies that are in place for Taiwan to deal with these risks and outline where Taiwan sees the short to medium term role of mainland companies in Taiwanese economic development.
Dr Schive is currently Chairman of the Taiwan Stock Exchange and holds the position of adjunct professor at National Taiwan University. His previous roles include President, Taiwan Academy of Banking and Finance (2000-2007), Vice Chairman, Council for Economic Planning and Development (CEPD), Executive Yuan (the Cabinet) (1993-2000) and Chief negotiator in General Agreement of Trade in Services (GATS) concerning Taiwan's accession to the World Trade Organization (WTO) (1994-1999).
Attendance at this event is by invitation only.
To enable as open a debate as possible, this event will be held under the Chatham House Rule.