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This involves a range of policy adjustment such as lowering tariffs, reducing restrictions on the employment of foreign specialists and opening up Taiwan financial markets. There is also a program to improve Taiwan's infrastructures through better transportation and communication links. Despite Taiwan's aspiration of playing an active role in the world, there is general gloom about the economy...

Despite Taiwan's aspiration of playing an active role in the world, there is general gloom about the economy. Just as the stock market is depress, so is the property market--usually as a measure of confidence. There are two negative strains which overshadow the performance of Taiwan economy. Externally, China has never accepted the fact that Taiwan is an independent country and entitled to a higher profile around the world...

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