Hong Kong - Taiwan President Ma Ying-jeou's move to foster a more open economic relationship with mainland China has attracted more foreign investment to Taiwan, according to the "2010 Index of Economic Freedom" report. The U.S.

Heritage Foundation and the Wall Street Journal Wednesday jointly released the report in Hong Kong, ranking the scores of 183 economies. In a page explaining Taiwan's scores, it said that in March 2008, former Taipei Mayor Ma was elected president on a platform that promised a more open economic relationship with mainland China.

"He has since moved to relax transportation and trade barriers with the mainland, although internal opposition to closer economic integration remains considerable because of fears that it will lead to ceding Taiwan's 'unsettled' sovereignty to China. "The move, however, seems to have attracted more foreign investments to the island," it said.
 

Source:
Business in Asia Today - Jan 22, 2010
published by Asia Pulse