This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

China Signals Patience in Goal of Uniting With Self-Ruled Taiwan

TAIPEI, Taiwan (TheStreet) -- The first-ever visit by a ranking Beijing official to Taiwan, a democratic island that his government wants as its own someday, was supposed to move the two sides toward China's unification goal.

But when the minister of China's Taiwan Affairs Office traveled last week to the place he's in charge of, he made few strong statements, listening more than he talked. He kept clear of protesters until Friday night when one group splashed paint on his bodyguards.

"Seeing the spray of paint at the Zhang group, I think I underestimated the violence by individuals," says Leonard Chu, China a studies professor retired from National Chengchi University in Taipei.

>> Learning Curve in China Benefits Kids and Investors

>>What Experts Expect from a Fed Rate Hike in Early '15

Word around Taiwan is that Beijing sent the visitor, Zhang Zhijun, to analyze that contempt for China and leave a good impression rather than forge ahead with a new initiative to improve relations and then see it shellacked by fresh opposition.

Because hostility remains in Taiwan, Beijing's goal of peaceful unification with the self-ruled, ethnic Chinese island will extend past whatever its private timetable says and Chinese leaders are pragmatic enough to allow more time.

China's increased patience will bring no change to business, including multinationals active on both sides, but will delay new tie-ups that could make investment easier.

Taiwan's biggest banks such as Cathay Financial (CHYYY) and Mega International Commercial Bank  are in China but need more legal clearance to expand. Shippers such as FedEx (FDX) and UPS (UPS) work both sides and would get more orders if two-way trade grew past $124 billion last year. China is Taiwan's top trading partner.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 -0.41%
FB $117.81 -0.21%
GOOG $701.43 0.82%
TSLA $211.53 -4.96%
YHOO $36.94 2.61%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs