Sun, Nov 18, 2012 - Page 8 News List

Editorial: Taiwan’s firms must think long term

This would allow Chinese firms to shorten their learning curve and quickly upgrade their technology, while eliminating a major competitor.

Closer cross-strait cooperation could bring benefits to Taiwanese industries if executed carefully and under tight government oversight. However, local firms must consider whether inviting Chinese rivals to be investors will benefit them in the long term.

Perhaps what they need to do is resist the temptation to think that their only hope of salvation is to be found in China.

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