The history of the capitalist economy of Taiwan
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- Exploiting Asia's Crisis: Taiwan Buys
Up Bargains And Widens Its Influence
- By Keith B. Richburg, The Washington Post,
Thursday 22 January 1998. In the midst of the southeast
Asian financial turmoil, Taiwan is on a shopping
spree. Taiwanese businesses are fanning out through the
hardest-hit countries of Asia, hoping to take advantage of
the crisis by buying up assets at fire-sale prices.
- Semiconductor firm sacks 266 staff
- Radio Australia, 14 July 2001. Taiwan's United
Microelectronics Corporation has reportedly fired 266
employees and warned of further layoffs. The Economic
Daily News says the move is the first major layoff by a
leading semiconductor company in Taiwan. (brief)
- Taiwan Orders Takeover of 35 Troubled
Financial Institutions
- By Ray ZHANG, CND, 17 September 2001. Thirty-five
troubled financial institutions have been taken over by
ten banks as requested by Taiwan's Finance
Ministry. (brief)
- Taiwan taxpayers taken for a high speed
ride?
- By Michael Taylor, Asia Times, 25 January
2003. Taiwan High Speed Rail Co (THSRC) is the primary
contractor for the construction of a modern rail
line. More than 10 years in the planning, a project of
this scope will not recur in Taiwan for many decades to
come. The problem at the heart of the
build-operate-transfer (BOT) development model, which
theoretically is a mechanism for private capital to fund
public infrastructure projects.
- Chinese Petroleum unable to privatize by
end of the year
- By Jessie Ho, Taipai Times, Saturday 31 May
2003. The nation's state-run oil company cannot
complete privatization by year's end as scheduled
due to disputes with its union members. CPC employees
launched a 2,000 person-strong protest in front of the
legislature demanding worker interests be protected.