BBC NEWS Americas Africa Europe Middle East South Asia Asia Pacific Chinese Vietnamese Burmese Thai Indonesian
BBCi NEWS   SPORT   WEATHER   WORLD SERVICE   A-Z INDEX     

BBC News World Edition
 You are in: Asia-Pacific  
News Front Page
Africa
Americas
Asia-Pacific
Europe
Middle East
South Asia
UK
Business
Entertainment
Science/Nature
Technology
Health
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
SERVICES
-------------
LANGUAGES
EDITIONS
Thursday, 29 August, 2002, 07:18 GMT 08:18 UK
Taiwan to ease China trade rules
Advert billboard for Chinese beer
China will be able to advertise products in Taiwan

Taiwan's government has announced plans to lift more restrictions that currently limit business exchanges with China.

The island says it will allow Chinese companies to advertise their products on the island.

And it will make it easier for Chinese employees of large firms to work in Taiwan.

In a process that began last year, Taiwan is slowly dismantling its 50-year-old restrictions on trade with mainland China.

In the latest move, the chairwoman of Taiwan's Mainland Affairs Council, Tsai Ing-wen, has announced that she wants to end a ban on Chinese firms advertising goods and property on the island.

She said she is submitting changes to the law to be approved by Taiwan's parliament.

More people from mainland China will be able to make business trips to Taiwan, and Chinese employees of multinational, or Taiwanese, companies will be allowed to work in Taiwan.

Taiwan's government wants to try to balance up its economic exchanges with China. At present the majority of the money of investment has been in one direction, from Taiwan to China.

It is hoped the changes will help boost the island's advertising and media industries.

Taiwan's government has been under pressure from local companies to make it easier to do business across the Taiwan Strait.

Direct links stuck

Vast amounts of trade are already done with its old political rival, and the island's government is having to update its laws to reflect the new reality.

On the biggest issue of all though - opening up direct shipping, transport and postal links with mainland China - there is little sign of progress.

The two sides are still not talking to each other, and remarks by Taiwan's President, Chen Shui-bian, earlier this month, that the island is a separate country from China, angered Beijing.

There is no sign it will be willing to sit down and negotiate with his government in the near future.

See also:

22 May 02 | Asia-Pacific
10 Aug 02 | Asia-Pacific
07 Aug 02 | Asia-Pacific
06 Aug 02 | Asia-Pacific
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Asia-Pacific stories are at the foot of the page.


E-mail this story to a friend

Links to more Asia-Pacific stories

© BBC ^^ Back to top

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East |
South Asia | UK | Business | Entertainment | Science/Nature |
Technology | Health | Talking Point | Country Profiles | In Depth |
Programmes