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Article

Open Access

China’s Growth and Its Effects on Taiwan: What Does the Future Hold

Author(s)

Pei-Chun (Petrina) Feng

Full-Text PDF Download XML 1108 Views

DOI:10.17265/1548-6591/2015.07.001

Affiliation(s)

Central Police University, Taoyuan City, Taiwan

ABSTRACT

In the study, the researcher investigated the strategy that has been behind China’s growth. It has been found that China was using a “smile strategy”. The strategy is to ensure peaceful co-existence between China and its neighbors. China had used this strategy to connect with most of its neighbors to encourage business, trade, and investment. Globalization has played a crucial role in the growth and development of China. China has always encouraged globalization and has connected with some of the countries in the neighborhood. This is because it depends on foreign investments for half of its imports and exports. Also, Taiwan and China have very tight economic ties. They depend on each other for economic development and Taiwan is among China’s top business partners. In future, China plans to establish more links across the world that will enable it to develop economically. It is also expected to rise as a superpower and work with the rest of the superpowers in decision-making on issues affecting the world.

KEYWORDS

China growth, economic growth, smile strategy

Cite this paper

Journal of US-China Public Administration, July 2015, Vol. 12, No. 7, 509-516

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