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TAIWAN FIRMS HOPE FOR STABLE POLITICS, BETTER CHINA TIES: MOEA.

AsiaPulse News

| October 02, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, Oct 1 Asia Pulse - Taiwan manufacturing companies hope for political stability, better cross-Taiwan Strait ties and fewer legal restrictions to help their investments at home, according to the results of a survey published Sunday by the Ministry of Economic Affairs (MOEA).

About the same percentage of companies surveyed think that the government should first stabilize politics (34.82 per cent) and improve Taiwan-China ties (34.49 per cent) to effectively help upgrade the domestic investment climate, while 27.6 per cent think the government should reduce legal restrictions.

Some 45 per cent expect that investment this year at home will increase, in contrast to 17 per cent who hold the opposite view, up by 13 percentage points and down by 7 percentage points, respectively, compared to the figures in a similar survey last year.

Around 28 per cent of the businesses polled have plans to expand their operations in the domestic market, according to ...

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Source: HighBeam Research, TAIWAN FIRMS HOPE FOR STABLE POLITICS, BETTER CHINA TIES: MOEA.

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