Tuesday, January 23, 2007

An Independent Taiwan Benefits China in the Long Run

The Chinese ambassador to Russia, Mr. Liu Guchang told Hong Kong based Phoenix TV in a recent interview that although new changes in the Russian immigration laws hurt some Chinese business, it will benefit to China in the long run.

Russia revived their immigration laws so that foreigners could no longer work in the retail sector. Currently, there are about 100,000 Chinese business people working in the retail sector. They will have until April to liquidate their stock and back China. Many faces bankruptcy while others loosing whatever they have.

If this will benefit the Chinese traders, then an independent Taiwan will also benefit China in the long run.

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