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The Greater China high-tech highway
Economic ties between China and Taiwan are deepening. The entry of both into the World Trade Organization will remove barriers to investment and reduce tariffs. As a result, China's relations with Taiwan will probably grow even closer in many industries, especially high technology, a McKinsey study shows.
The take-away: WTO membership will allow Taiwanese high-technology companies to shift their production and research facilities to China and enlarge the market for their goods.
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