This talk will be structured in two parts. It will begin by providing an introduction to the book: “Cross-Taiwan Strait Relations in an Era of Technological Change: Security, Economic and Cultural Dimensions” (eds. Paul Irwin Crookes and Jan Knoerich), which was published in June of last year by Palgrave Macmillan. The talk will then focus in greater depth on the subject of chapter 6 of the book, analysing the recent emergence of mainland direct direct investment in Taiwan. On 30 June 2009, the government of Taiwan made a firm commitment to open the island’s borders to investments from mainland China. Since this landmark advance in cross-Strait economic relations, mainland Chinese firms have begun to arrive in Taiwan. However, although mainland Chinese outward foreign direct investment has spread rapidly across the globe during the past decade, and Taiwan should be able to secure for itself a considerable share of these capital flows, six years after the policy change, mainland direct investment in Taiwan has performed far below expectations. We explore three explanations that may lie behind this underperformance of Taiwan as a destination for investments by mainland Chinese enterprises.
Dr Jan Knoerich is Lecturer in the Economy of China at the Lau China Institute, School of Global Affairs, King’s College London. His research examines issues in the contemporary Chinese economy, China’s international economic relations and, in particular, the internationalisation of Chinese enterprises and Chinese outward foreign direct investment. Jan is also interested in the economic development implications of foreign direct investment and international investment policy. He obtained his PhD degree from the School of Oriental and African Studies (SOAS), University of London. Jan held previous positions at the University of Oxford and the United Nations Conference on Trade and Development (UNCTAD). His most recent publication is a co-edited book (jointly with Paul Irwin Crookes) entitled "Cross-Taiwan Strait Relations in an Era of Technological Change: Security, Economic and Cultural Dimensions", published in May 2015 by Palgrave Macmillan.