Mr. Wang Zhongfang shares his views on cross strait relations. He suggests that current leaders in China and Taiwan would learn important lessons from Dr. Sun Yat-Sen’s “Three Principles of the People”, which are the ideological foundation of the Xinhai Revolution that ended dynastic rule in China.
Mr. Wang acknowledges that the two dominant political parties in China and Taiwan have their roots in Dr. Sun’s Three Principles, but would serve their societies more effectively by revisiting the Three Principles of Nationalism, Democracy and Peoples Livelihood.
Legitimate owners of intellectual property lose billions of dollars annually to Chinese counterfeiters. This reduces investment of capital, technology, innovation and know-how, and increases the cost of production for foreign investors. Mr. Kennedy discusses practical anti-counterfeiting strategies such as keeping a close eye on your authorized suppliers, and frequently checking in with your legal and consultant team.
Michael Kurtz talks about the current trends in cross strait relations from a business perspective. Taiwanese companies have been using China as a manufacturing base for over twenty years. Now, as the Chinese market matures, targeting the Mainland consumer directly (especially in the financial services sector) could become the main China-Strategy for Taiwanese companies.
China and Taiwan have signed the Economic Cooperation Framework Agreement (“ECFA”) which lays the foundation for future Cross Strait negotiations. Since 2008, China and Taiwan have signed agreements for direct flights, direct telecommunications/post, and judicial assistance and cooperation. ECFA represents a strong opportunity for Taiwan to continue its “twin engine” economic growth strategy, which relies on both the US and China for growth.
Companies spend vast sums to cultivate the kind of image that will help them become more profitable, but when a crisis hits, all that investment in public trust could be replaced by skepticism, as well as financial and legal ruin. David Chard specializes in teaching executives to resist the knee-jerk reaction to “shut up and lock down”. His main message: Preparedness.
Namchow’s success is based on diversity, constant improvement and win-win partnerships. Namchow’s evolution from a premier local manufacturing and distribution partner for international consumer groups to a leading retail brand in restaurants (including Paulaner Brähaus), edible oils and bakeries has been the result of Namchow’s evolving strategy over six decades.
In China many people share the incorrect belief that more development must mean less nature. Tammy Turner suggests that Taiwan’s experience is a good reference, since an increasing number of people are leading both prosperous and eco-friendly lives through Permaculture. This type of environmental economics is not a zero-sum game.
After sixty years of cold (and sometimes hot) war in the Taiwan Strait, the world is witnessing a rapprochement that is taking hold in every societal sphere. Professor Leng shares his thoughts on trends and issues that may become focal points as the cross strait dialogue evolves in the coming years. He states that both sides need to better understand the domestic concerns of the other, and that regardless of whether one advocates unification or independence, the shared common imperative is to maintain peace and grow prosperity on both sides of the strait.
China's increasingly dominant position in the world economy makes it an undeniably important component of any company's global business strategy. Unfortunately, doing business in China still requires players to run a gauntlet of bureaucratic and practical obstacles. Professor Chen suggests looking to Taiwan for help entering the China market. Taiwan has linguistic and cultural links with China, as well as a mature legal environment that could make it an ideal home base for Greater China operations.
Iowa Law School Professor Mark Sidel provides a detailed overview of the third sector (civil society/NGO sector) in Greater China and discusses emerging trends such as the impact of the economic downturn in charitable giving and volunteering, innovation in social entrepreneurship and the increased flow of philanthropic capital across borders, particularly across the Taiwan Strait.