In addition, Hsieh said that he approves of the idea of lifting bans on cross-strait transport, trade and postal links.
However, Hsieh said that he opposes the idea of forming a cross-strait common market, which he said would lead to cheap agricultural products, substandard goods and cheap labor from China flooding Taiwan.
Hsieh speculated that there would be an outflow of investment from China within five years as a result of the increasing appreciation of the yuan and increasing labor costs there.
He said that such an outflow would be a good chance for Taiwan to attract funds from China.
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