This paper evaluates the impact of ongoing cross-strait economic integration on the development of China and Taiwan. The overall impact has been positive for both economies. Taiwan's industrial employment remains robust even as it transforms into a knowledge-based economy. Taiwanese investment has spurred China's technological development.
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Errata: In the September/October 2016 issue (volume 56 number 5, pages 836 and 849), there was a technical printing error in Figures 1b and 2 of the article by Ajay Raina that resulted in a loss of data on the graphs. This online article contains the restored figures in their original, correct state. The error is regretted.