New policy due to over-reliance on China: Chen

This article was written by Shih Ying-ying and published by the Taiwan Journal on January 13, 2006. It reports that President Chen Shui-bian recently adjusted his cross-strait policy to focus on "proactive management, effective liberalization". This decision was prompted by Taiwan's over-reliance on China in terms of trade and economic relations.

Currently, nearly 70 percent of Taiwan's overseas investments are in China, which places the island in a vulnerable position.