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XMFJordan (89.05) Submitted: 8/20/06 11:18 PM : Start Price: $12.45 EWT Score: -1.64
Taiwan is part of greater China. As the economy of Mainland China (aka. the PRC) grows and develops, it will drive growth in Taiwan and its businesses.Many of the growing and developing businesses in Mainland China are businesses transplanted from Taiwan or built by business persons from Taiwan.Another factor that will drive the growth of Taiwan's businesses and economy is the growing integration of the Taiwanese economy with that of Mainland China and the rest of Greater China (the PRC, Taiwan, Hong Kong, and Macao).This is a longterm play. Plan on holding this for 10-20 years as a way of participating in the significant growth and development of what will be the world's largest developed market 30 years from now.
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