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Tycoon prods Taiwan closer to China

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Tycoon prods Taiwan closer to China

Andrew Higgins/The Washington Post - Tsai Eng Meng, who has a sprawling business empire, says he can’t wait for Taiwan’s merger with China.

By Andrew Higgins, Updated: Saturday, January 21, 7:30 PM

TAIPEI, Taiwan — Shortly before Taiwan’s presidential election last weekend, Tsai Eng Meng, a local billionaire who spends most of his time in China, jumped on his Gulfstream 200 corporate jet and flew home to cast his vote.

More than 200,000 other Taiwanese businessmen based in China also rushed back, contributing to a comfortable victory by an incumbent president committed to rapprochement with China.

Tsai’s role in prodding Taiwan closer to China, however, is far bigger than just his ballot. He not only has dozens of factories churning out rice crackers on the Chinese mainland but also controls a string of media properties in Taiwan that champion ever-closer ties between this boisterous island democracy and authoritarian but increasingly prosperous China.

“Whether you like it or not, unification is going to happen sooner or later,” said Tsai, the chairman of Want Want Group, a sprawling conglomerate comprising a giant food business, media interests, hotels, hospitals and real estate.

While opinion polls show that only a tiny minority of people in Taiwan want a swift merger with China, Tsai says he can’t wait: “I really hope that I can see that.”

Many Taiwanese tycoons now look to China for most of their profits, and the island’s wealthy cheered the election victory last Saturday of President Ma Ying-jeou against a rival who favors keeping Beijing at arm’s length. “Praise the Lord for showing that he cares about Taiwan,” Cher Wang, a devout Christian and multibillionaire businesswoman, told local media.

But only Tsai, Taiwan’s third-richest person according to a Forbes magazine ranking, has poured so much money into trying to shape opinion through media that, critics say, often echo the views of Beijing. He controls three Taiwan newspapers, a television station, various magazines and a cable network. A bid for a second, bigger cable operator is now under review by Taiwan’s National Communications Commission.

When China Times, a leading Taiwan newspaper Tsai purchased in 2008, published an article that described China’s top negotiator on Taiwan as “third rate,” the editor was promptly fired. Want Daily, a tabloid Tsai launched in 2009, provides a daily digest of mostly upbeat stories about China and the benefits for Taiwan of closer cooperation.

Journalists, said the tycoon in an interview in a Taipei hotel that he also owns, are free to criticize but “need to think carefully before they write” and avoid “insults” that cause offense. The dismissed editor, he said, was a talented writer but “hurt me by offending people, not just mainlanders. On lots of things people were offended.”

Taiwan still has a vibrant press. The biggest-selling paper is Apple Daily, which is owned by Jimmy Lai, a Hong Kong-based Taiwan mogul and pro-democracy advocate who is detested by Beijing.

Freedom House, a U.S. group that monitors liberties around the world, said in a report last year that “Taiwan’s media environment is one of the freest in Asia,” while China’s is “one of the world’s most restrictive.” But it also warned that growing commercial links across the Taiwan Strait, the narrow band of water between Taiwan and China, “raised concerns that media owners and some journalists were whitewashing news about China to protect their financial interests.”


Tsai denied currying favor with Chinese officials to advance his business and said he only wants to help Taiwan get over its wariness of the mainland. China “is very democratic in lots of places. Lots of things are not what people outside think,” he said, adding that it is “constantly moving forward” while “Taiwan progresses very slowly.”

Elections, he said, are fine but economics should come first: “Most of us don’t want to become some sort of chairman or president. . . . From the standpoint of ordinary people, the most important thing is to eat a little better, sleep a little better and be a little happier.”

Tsai said he, too, used to fear China’s ruling Communist Party and didn’t want to risk doing business on the mainland, but that changed after the 1989 military assault on student protesters in Tiananmen Square. While the crackdown outraged most in Taiwan, Tsai said he was struck by footage of a lone protester standing in front of a People’s Liberation Army tank. The fact that the man wasn’t killed, he said, showed that reports of a bloody massacre were not true: “I realized that not that many people could really have died.”

Since then, he’s moved most of Want Want’s operations to China, where the company employs more than 50,000 people, compared with just 6,000 in Taiwan. It has 331 sales offices in China. In Taiwan, it has two. His corporate jet is painted bright red. Focused on selling food, Want Want “needs mouths,” Tsai said. “Taiwan has only 23 million people, but China has more than a billion. . . . The most important thing is that the mainland market is so big.” It generates more than 90 percent of his profits.

A more pro-China line

When Tsai first bought China Times and an affiliated television station, rumors spread that he’d received encouragement and even money from Beijing, which was wary of the media group falling into the hands of Lai, the owner of Apple Daily.

Lai was near to signing a deal but lost out at the last minute when Tsai offered more money.

Tsai denied getting any help from Beijing. “I’ve already got money,” he said. “Why would I go and take their money?”

Since the takeover, the paper has nonetheless veered sharply toward a more pro-China line, say journalists who have worked there and media analysts. The goal, according to Want Want’s own company brochure, is to make China Times “the most influential Chinese-language daily” so as to “benefit the public” and “promote peace and harmony across the Strait.” Flora Chang, a professor at National Taiwan University’s Graduate Institute of Journalism, said Tsai’s media “are very biased” in favor of positive news about China.

When a provincial Communist Party boss traveled to Taiwan from China in 2010, he got an effusive greeting from Tsai on the front page: “On behalf of colleagues at Want Want, I welcome the Hubei Province (Party) Committee Secretary.” The Chinese official, who visited CtiTV, a cable channel owned by Tsai, was invited to “give guidance.”

Tsai said he was just being polite and denied being obsequious to boost his business in China. “I don’t stroke the horse’s bottom,” he said, using a Chinese phrase for flattery.
 
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“Whether you like it or not, unification is going to happen sooner or later,”

now people can freely travel across the Taiwan Strait,thousands of Taiwan people now live in China and millions of Mianland Chinese travel to Taiwan,soon there will be more Mainland Chinese people living in Taiwan than Taiwan locals.
 
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Tsai said he, too, used to fear China’s ruling Communist Party and didn’t want to risk doing business on the mainland, but that changed after the 1989 military assault on student protesters in Tiananmen Square. While the crackdown outraged most in Taiwan, Tsai said he was struck by footage of a lone protester standing in front of a People’s Liberation Army tank. The fact that the man wasn’t killed, he said, showed that reports of a bloody massacre were not true: “I realized that not that many people could really have died.”

thanks for western media,not everybody has no brains.
 
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Former DPP official rallies against HTC - The China Post

Former DPP official rallies against HTC

The China Post--Former Democratic Progressive Party (DPP) spokesman Liang Wen-jie's (梁文傑) Facebook post on Monday withdrawing support of smartphone maker HTC due to its political stance has aroused heated discussion among netizens and caught the attention of politicians.


Liang, an incumbent Taipei City Council member who resigned his post as DPP spokesman after the recent presidential election, posted criticism on Facebook against Taiwanese technology giant HTC.

“Although technologically speaking HTC has been less advanced than Samsung while being more pricey, I had always insisted on using HTC. Now, however, I would rather let Koreans profit from me; at least Samsung's boss does not interfere with Taiwan's elections,” Liang posted on Facebook on Monday.

Liang's grudge was directed at Cher Wang (王雪紅), chairwoman of smartphone maker HTC Corporation (宏達電), who had publicly expressed personal support for Ma Ying-jeou of the Kuomintang (KMT) one day before the 2012 presidential election.

Some netizens echoed Liang and “liked” his “anti-HTC” movement Facebook page, calling Wang's products Chinese instead of Taiwanese — HTC parts are created and assembled in mainland China — and claiming that Wang had attempted to influence politics with her business power. The DPP's newly elected at-large legislator Tuan Yi-kang (段宜康) was among the 3,000 netizens that have so-far supported the Facebook page.

...

HTC has prospered, selling one million phones and attaining top market share in Taiwan last year, not because the phones themselves are good, but because the Taiwanese people favored the native brand, Liang said.

The profit HTC Corp. made in China was merely 5 percent of its overall income, yet for that tiny market, the company had followed China's demand and indicated its support for Ma, Liang charged, saying that it was extremely unfair for the Taiwanese people.

”If Wang believes that businesspeople could do business forgetting about her motherland, then I could well be a consumer that buys outside of the motherland,” he said, reiterating that he refuses to buy products that are pricey yet of low quality.
 
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Chinese firms invest $235 mln in Taiwan in 3 years

TAIPEI - Taiwan's government said Saturday that Chinese firms had invested around $184 million (S$235 million) on the island since it relaxed rules on mainland investment in mid-2009 amid warming relations.

A total of 204 Chinese companies have set up subsidiaries on the island or invested in local firms in less than three years in a sign of closer trade ties, said the Mainland Affairs Council.

Chinese investors are permitted to buy into nearly 250 categories in the island's manufacturing, service and infrastructure sectors, according to the council, Taiwan's top China policy-making body.


"The government will continue to attract more mainland investors to Taiwan to promote balanced development in bilateral trade," it said in a statement.

Taiwanese companies have for years invested huge sums in China. Last year, the island's authorities approved 575 China-bound investment cases totalling $13.1 billion.

Ties with China have improved markedly since Beijing-friendly Ma Ying-jeou became Taiwan's president in 2008. He was re-elected last week for a second four-year term.

Officially, Beijing still views Taiwan as part of its territory awaiting reunification, by force if necessary. The two sides have been governed separately since they split after a civil war in 1949.
 
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taiwaan and hongkong are like two big countries with huge economies, china is a lucky country to have them both in the turn of the century
 
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oh,you sound like you know the number...or you dont know at all and talk through your hat??

Taiwan

Taiwan official statistics indicate that Taiwan firms had invested about U.S. $102.1 billion in China as of the end of April 2011, which is more than 60% of Taiwan's stock of direct foreign investment. Estimates of Taiwan investment on the mainland, both officially approved by Taiwan authorities and investment made by Taiwan firms through third parties, range from $150 billion to over $300 billion.
 
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Chances of China and Taiwan being one nation is like Sri Lanka and India being 1 nation too.
 
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Isn't that a bless that Taiwan and Hongkong invest heavily in China?

As I said before, it is not important who becomes the leader of Taiwan, he/she has to be practical. Taiwan's fate is already sealed by these cooperations, like it or not. Individual Taiwanese could either whine about it or seize the opportunity. As long as mainland and China allow free communication and Taiwan maintains a Chinese culture, that's good enough to me. Whether it is officially united or not is just a political token nice to have.
 
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Chances of China and Taiwan being one nation is like Sri Lanka and India being 1 nation too.

Does Sri Lanka call itself "The Republic of India"? :lol:

Does the Sri Lankan President celebrate his election victory wearing a jacket with the word China on it?

ipad-art-wide-ma-20ying-jeou-420x0.jpg


Does the ruling party in Sri Lanka agree that both are part of the same country, like the KMT does with China?
 
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Isn't that a bless that Taiwan and Hongkong invest heavily in China?

As I said before, it is not important who becomes the leader of Taiwan, he/she has to be practical. Taiwan's fate is already sealed by these cooperations, like it or not. Individual Taiwanese could either whine about it or seize the opportunity. As long as mainland and China allow free communication and Taiwan maintains a Chinese culture, that's good enough to me. Whether it is officially united or not is just a political token nice to have.

Taiwanese millionaires invest in China just like how Gaddafi invested in the US. Their money is safe with us, far safer than it would be on Taiwan.
 
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