Shanghaied?

The flows of trade and investment across the Taiwan Strait have increaseddramatically in recent years, driven largely by the increasing integrationof the information technology (IT) sectors of Taiwan and the People’sRepublic of China. This report examines the economic and politicalimplications of cross-Strait flows of technology and capital. The authorscomprehensively analyze the investment and IT transfer dynamics betweenTaiwan and China and their implications for the global semiconductorindustry and U.S. policymaking.