Chiwan: Prospects and pitfalls of the cross-Strait rapprochement

Overview

Separated politically for 60 years, China and Taiwan are drawing closer. Although the relationship has improved markedly in the last 18 months – hence the coining of the moniker “Chiwan” – fundamental political differences remain over whether the island is still part of China as Beijing insists. Progress on the economic front is more advanced, but the risks to those positive developments should not be underestimated. The investment implications of strengthening cross-Strait commercial...