Behind the Scenes / Xi Jinping Urgently Sets Up 'Integrating Taiwan to Rescue the Market' Trap: Letting Taiwanese Save the Chinese Economy

Reported 7 months ago

As the Chinese economy remains in a slump, high-ranking Chinese officials turn their attention to the Taiwanese people for solutions. The upcoming China Strait Forum in Fujian will focus on 'integrating Taiwan,' with efforts to encourage Taiwanese to purchase homes in Xiamen and other areas, essentially aiming to have Taiwanese individuals boost the Chinese economy. The forum, lacking previous 'Taiwan-friendly measures,' will instead promote various 'city cluster integration' initiatives to attract Taiwanese investments and property acquisitions in China, addressing issues such as real estate oversupply. The move signals a shift towards relying on Taiwanese contributions amid foreign capital withdrawal and escalating Western sanctions.

Source: YAHOO

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