14 Jan '12, 4am

Taiwan elections have direct effect on cross-strait ties: analysts

Taiwan elections have direct effect on cross-strait ties: analysts

SHANGHAI: Analysts say results of Saturday's elections will have a direct and obvious effect on cross-strait economic ties. The impact will be particularly pronounced on the island's economy. Many Taiwanese businessmen living on the mainland have benefitted from Ma Ying-jeou's pro-China policies and they'll be watching the results closely. Wang Wei Xu, president, Taiwan Association of Small and Medium Enterprises, said: "My vote goes to whoever can promote the stability of cross- strait ties between the people as well as economic growth. I support Ma Ying-jeou." Stability of cross-strait ties are paramount to Taiwanese businesses on the mainland, including more than a thousand small and medium enterprises. Their numbers have doubled since Kuomintang (KMT) took power in 2008. The value of agricultural exports to the mainland, such as the fruits sold at this Lunar New Year T...

Full article: http://www.channelnewsasia.com/stories/southeastasia/view...

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