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Rival Partners - How Taiwanese Entrepreneurs and Guangdong Officials Forged the China Development Model (Hardcover)
Loot Price: R1,461
Discovery Miles 14 610
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Rival Partners - How Taiwanese Entrepreneurs and Guangdong Officials Forged the China Development Model (Hardcover)
Series: Harvard-Yenching Institute Monograph Series
Expected to ship within 12 - 17 working days
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Taiwan has been depicted as an island facing the incessant threat
of forcible unification with the People's Republic of China. Why,
then, has Taiwan spent more than three decades pouring capital and
talent into China? In award-winning Rival Partners, Wu Jieh-min
follows the development of Taiwanese enterprises in China over
twenty-five years and provides fresh insights. The geopolitical
shift in Asia beginning in the 1970s and the global restructuring
of value chains since the 1980s created strong incentives for
Taiwanese entrepreneurs to rush into China despite high political
risks and insecure property rights. Taiwanese investment, in
conjunction with Hong Kong capital, laid the foundation for the
world's factory to flourish in the southern province of Guangdong,
but official Chinese narratives play down Taiwan's vital
contribution. It is hard to imagine the Guangdong model without
Taiwanese investment, and, without the Guangdong model, China's
rise could not have occurred. Going beyond the received wisdom of
the "China miracle" and "Taiwan factor," Wu delineates how
Taiwanese businesspeople, with the cooperation of local officials,
ushered global capitalism into China. By partnering with its
political archrival, Taiwan has benefited enormously, while helping
to cultivate an economic superpower that increasingly exerts its
influence around the world.
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