ABSTRACT
This chapter reviews the local response of Suzhou people toward Taiwanese enterprises from growth and dependence perspectives, and reveals that Taiwanese investment only brings economic opportunities to the local society, as well as positive and negative impacts in the social life. It focuses on the positive effects of foreign investment globalization on the host society, and thus the authors indicate better economic and social development in the local society. The symbiotic relationship between local development and foreign investment slowly took shape, and repeated the dependent development of Latin America in the 1960s. Chen Zhirou believes that the development of foreign investment in China has expanded social distances and inequalities, and leads to the formation of social discontent from the perspective of class structure. The amount of Taiwan's investment was the highest; the investments of Hong Kong, Japan, South Korea, the United States, and other foreign investors were more sporadic.
