May 31, 2008
China-Taiwan Negotiations To Resume
Regular direct flights between Taiwan and China are moving closer to becoming a reality. We see that the two sides have agreed to negotiations beginning 11 June in Beijing. Direct flights will be a huge productivity gain to both sides and could be combined with a decision by Taiwan to open up its market to Chinese tourists. This will further boost the Taiwanese economy. We hope New Zealand exporters are thinking about how to exploit new opportunities that might be opened up by these developments. The most obvious opportunity would appear to be in the sale of food and beverages to the Taiwanese hospitality sector.