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Taiwan is establishing a huge manufacturing base in mainland China to take advantage of the mainland’s weak currency plus low land and labour costs. Yet, despite what you might hear to the contrary, direct official shipping and air transport links between Taiwan and China could be a long time coming as far away as the turn of the century, according to some well informed observers close to the action…

Shaanxi is home to the largest coal reserves in China, China Northwest Airlines, the Terracotta Warriers and a budding tourism industry. It is a province rich in minerals, but short on infrastructure, and has recently announced new regulations in an attempt to persuade foreign investors that it is worth investing in central China. We take a good look at what Shaanxi has to offer.

These days China has a vast range of commodities of interest to German retailers ? from textiles to titanium frames for mountain bikes. Hans van Ess of the East Asia-Pacific Business Association (OAV) assesses the effect of China’s export offensive on Sino-German trade figures, and looks at Germany’s growing success in attracting the Chinese buyer.

China’s capital city is not only a cultural centre, but also one of the country’s major manufacturing bases and a pioneer in the use of foreign investment. We assess the city and its municipality and offer a guide to hotels, whether you’re there for the culture or the business.

As western economies face a 1993 of deepening recessions, China can look ahead to a year of flourishing growth. Our correspondent reports from Beijing on a healthy 1992 and a 1993 that looks set to see the Chinese economy taking steps to become increasingly compatible with western standards.