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Economic Development in China and Its Implications for East Asia
According to the authors, the emergence of China as an economic power has had both a positive and a negative effect on the Taiwanese economy as well. Rapid economic development in China and its emergence as a major exporter of manufactured products since the late 1970s has had two major effects on its neighboring Asian economies.
Link
http://www.economics.hawaii.edu/research/workingpapers/WP_04-11.pdf