China and Taiwan complete historic undersea cable

this may be pedantic...

...in fact, it is pedantic, but:

"Since the end of the Chinese Civil War in 1949 with Mao’s Communist Party declaring victory and the rival Kuomintang fleeing to Taiwan, where it established the Republic of China, tensions have occasionally threatened to boil over into all-out war."

The Republic of China was founded in 1912 on the mainland, and 1949 just saw the retreat of the nationalist government to the island of Taiwan. It was the People's Republic of China which was proclaimed in 1949.

"Chungwha apparently invested NT$100 million (£2.1m) for a 50 per cent stake

Chungwha is, of course, a wholly owned subsidiary of Proview Shenzhen and the project is slated to be called Suk Ma Whang, Poontang.

Look for the spin-off in November after the US's quadrennial democratic vote fraud.

Listing on the NYSE by Crhistmas and a component of the Dow 30 by the next Chinese New Years.

Kung Hei Fat Choy :o)

China's policy...

..is to buy out the owners of industry instead of having a costly shooting war which might involve the USA.

The Kuomintang, the ruling party in Taiwan, still believes that it will become the ruling party of China - despite the world turning its back on these wannabe Chinese Nationalists after they lost the Chinese Civil War. Decades of political persecution persuaded most Taiwanese people that it was easier to keep their heads down and go along with the Kuomintang fantasies, rather than point out that China's claim to Taiwan had been renounced in 1985, and it was never really interested in Taiwan anyway except as China's Botany Bay, suitable for dumping malcontents and a deposed emperor, but was otherwise an island of savages (the various indigenous non-Chinese peoples).

The first people to be re-educated and sent into 'internal' exile (maybe in Tibet?) once China does take over Taiwan (which seems almost inevitable now) will be the Kuomintang supporters (with their families), who will have served their purpose; only afterwards will the optimistic supporters of Taiwanese independence be dealt with, since it's easier to get the Kuomintang to do the dirty work first.

Meanwhile, the easy route to takeover is simply to buy out the media and industry and ensure that the main market for Taiwanese goods is China, while Taiwanese businesses are persuaded that their factories and their employment should be moved there on cost grounds. Isn't capitalism wonderful?

The IT angle? All your motherboards, laptops and sundry other communications equipment will be manufactured under the control of the Chinese Communist Party.

«... China's claim to Taiwan had been renounced in 1985» ?!!

Rather confused about East Asian history, are you not «Shocked Jock» ? Perhaps you meant to refer to the Treaty of Shimonoseki of 1895, in which China (then governed by the Qing Dynasty), was forced to cede Taiwan «in perpetuity» to the Japanese state. Easy come, easy go - what a country can gain by winning one war it can forfeit by losing the next or the one after that, the situation in which the Japanese government found itself in in 1945, when it was forced by the terms of the Cairo Declaration, incorporated into the Potsdam Declaration, itself incorporated into the instrument of surrender, to return to China all the territories it had seized from that country 50 years earlier (a fact which is also relevant when considering who has the better title to the Diaoyu Tai/Senkaku Shotō). The present Chinese government - the government of the PRC - has never relinquished its claim to Taiwan and the islands, but as Phil states here «... both are happy to maintain the status quo and not bring up the thorny issue of Taiwan’s political reintegration with the mainland». As to the sending of Guomindang supporters and their families to internal exile in Tibet, I can only congratulate you on your imagination - you wouldn't be related by any chance to Ian Fleming, now would you ?...

Henri