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Article: China Focus: Export-oriented Taiwan business seeks breakthrough in mainland amid global downturn
- Article from:
- Xinhua News Agency
- Article date:
- May 8, 2009
CopyrightCopyright 2009 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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China Focus: Export-oriented Taiwan business seeks breakthrough
in mainland amid global downturn
BEIJING, May 9 (Xinhua) -- As orders from North America and
Europe shrink amid the global downturn, many Taiwan businesses are
restructuring their strategies and the mainland market is moving up
in their agenda.
Tu Chi-bing is running an aluminium alloy plate factory for the
Taiwan-based bicycle company Giant in Kunshan city of eastern
Jiangsu Province, which produces 40,000 tonnes of plates annually.
While a large portion of the products is sold to developed
countries, he found that business potential in the mainland's
commercial aircraft industry has just taken off.
The mainland has ...