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Emerging China and Its Interaction with ASEAN Economies Read chapter Read first chapter

2016 | OriginalPaper | Chapter

Tai-shang (Taiwan Business) in Southeast Asia: Profile and Issues

Authors : Alan Hao Yang, Hsin-Huang Michael Hsiao

Published in: Chinese Global Production Networks in ASEAN

Publisher: Springer International Publishing

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Abstract

In the process of Southeast Asian integration, a silent force that drives economic development in many localities has been long ignored, that is, the “overseas Taiwan business” (Tai-shang). Since the late 1950s to March 2015, Taiwan has invested in most of the Southeast Asian countries for more than USD85.2 billion. The foreign direct investment (FDI) has flowed to Vietnam, Indonesia, Thailand, and Malaysia and facilitated labor-intensive industries such as food, plastic product, and textile product manufacturing for decades. Growing investment in Southeast Asia has also triggered bilateral trade between Taiwan and ASEAN counterparts, and contributed significantly to local and regional manufacturing productive networks.
This chapter aims at portraying the changing faces of Taiwan’s economic and commercial ties with ASEAN by providing an overview of Tai-shang’s transformation in Southeast Asia. Accordingly, this chapter sheds light on the presence of Tai-shang in Southeast Asia via four parts. The first part distinguishes China business and Taiwan business. The second part deals with incentives of Taiwanese investment in Southeast Asia. This chapter also discusses the role of Tai-shang in the context of regional integration of Southeast Asia. It proceeds to the survey of national profiles of Taiwan business in the region. Finally, the conclusion sums up the discussions by evaluating the contributions of and challenges faced by Taiwan business in the region.

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previous chapter Vietnam–China Economic Relations and Recommendations for ASEAN–China Cooperation
next chapter India and China: “Awakening Giants” Towards a Win–Win Future?
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Metadata
Title
Tai-shang (Taiwan Business) in Southeast Asia: Profile and Issues
Authors
Alan Hao Yang
Hsin-Huang Michael Hsiao
Copyright Year
2016
Book
Chinese Global Production Networks in ASEAN

Print ISBN: 978-3-319-24230-9

Electronic ISBN: 978-3-319-24232-3

Copyright Year: 2016

DOI
https://doi.org/10.1007/978-3-319-24232-3_11