ABSTRACT
It is well known that on the basis of official statistics, the past two decades have shown amazingly rapid economic growth in China. China, with a population of 1.3 billion,1 is a source of unlimited low-paid labor and an immense potential market. It also consumes its own natural resources at a high rate and intentionally ignores the costs of environmental deterioration. These factors exert a great “magnetic effect,” and Taiwan, situated to the side of China, was the first to bear the brunt of the economic effects, though other Southeastern Asian countries were also deeply affected (Wang 2004).
