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Across the strait, Beijing, which still considers Taiwan a renegade province, reacted to the election with a mixture of denial and ire. In its first official response, China dismissed the election results, saying that most people in Taiwan still favor closer ties with the mainland. Wen Wei Po wrote on Dec. 2, “If the DPP concludes from this election that it can resist mainland China and win public confidence..., [it would be] misjudging future cross-strait developments.”
But Beijing may have no reason for alarm: Although Taiwan’s political allegiance may not lie with China, its economic future does. It is estimated that Taiwanese investments in China have already reached US$60 billion. But pro-independence commentators fear that the policy of aggressive investment in China is endangering Taiwan’s domestic economy. Liberty Times (Dec. 13) opined, “Taiwan’s level of dependence on China’s economy has already crossed a dangerous line.” ![]()
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