To: Tainan; TigerLikesRooster
Ping.
How are general perceptions on the economy in the ROC and ROK?
15 posted on
09/10/2012 4:39:15 PM PDT by
familyop
(We Baby Boomers are croaking in an avalanche of rotten politics smelled around the world.)
To: familyop
Worried market here in Taiwan. Stock market is Up & down on whims and rumors.
Big industry is in 'wait & see' mode. Too much investment going off-island - much to PRC.
Its not doom & gloom - but its not as rosy as it has been.
ROK & Taiwan are directly involved due to computer screen manufacturing here. Taiwan companies make about 80% (maybe more) of the computer and cell phone screens for Korean companies. Many Nipponese companies also are made here.
So there is a direct correlation economic wise.
With one company (Hon Hai) doing 20% of the Taiwan GDP, and that company locating most of its manufacturing off island - its a shaky situation.
Honestly, the typical Taiwanese bidness plan is - "I want make as much money as I can as fast as I can!"
Translation - "Pillage & Run Bidness Plan."
(that is also the main plan for Taiwan politicians)
17 posted on
09/10/2012 5:45:59 PM PDT by
Tainan
(Cogito, ergo conservatus sum)
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