Taipei Is Tasting The Mainland's WrathBy
After decades of banning transportation links with China, Taiwan was all set to allow ocean-going freighters from the mainland to join the stream of ships from Hong Kong flowing in and out of its southern port of Kaohsiung. With indirect trade between the two countries booming, Taiwanese companies have long been clamoring for such a move. But Beijing officials, angered by Taiwan's latest attempts to gain international recognition, won't allow the plan to go forward. "Our facilities are all in place," says a dejected David Lai, a Kaohsiung port official. "Only political problems keep us from getting it going."
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.