Last week I traveled to Taiwan as a guest of the Taipei Economic and Cultural Office in Chicago. I was part of a Midwestern delegation of state legislators from Ohio, Indiana, Illinois, Iowa, Minnesota and Wisconsin. There were four senators and four representatives; four Democrats and four Republicans. The Taipei Economic and Cultural Office sponsored the trip.
The goal of our visit to Taiwan was to learn more about the country's industries, history and culture; to discover opportunities to learn from innovations in Taiwan; and to find opportunities to trade and partner in the future. I was impressed and encouraged by our conversations and I learned a lot.
Taiwan is the United States' ninth largest trading partner. They import $15.5 billion in products from the United States every year, including $182 million from Wisconsin annually. In fact, Taiwanese officials pledged to purchase 103 to 110 million bushels of soybeans from Wisconsin and other Midwestern states in 2011. To date, $61,953,575 in soybeans has been exported from Wisconsin to Taiwan per this agreement. Taiwan imports 90 percent of its grain from the United States. Taiwan is the U.S.'s second largest agricultural export market in the world.
With limited land area and a huge population, Taiwan imports a significant portion of its food supply and Wisconsin has directly benefited from their economic needs. There are 23.5 million people in an area that is less than a quarter of the size of Wisconsin (our population is only 5.75 million people). Throughout my discussions on tour, I discovered that we have additional opportunities with other agricultural products such as cranberries and pork, which could come from the 17th Senate District.
We also have the unique opportunity to "export" our higher educational opportunities to Taiwan. According to the many ministry officials and leaders I met, credentials from U.S. colleges and universities are very valuable in Taiwan, especially degrees in engineering and the sciences. The University of Wisconsin System, especially UW-Platteville, has a unique opportunity that I will be working to share and promote over the next several months.
Currently, many Asian students gravitate toward West Coast schools because of recruitment efforts and proximity. However, the significant populations of Asian students at these institutions have made it less likely for individual students to be immersed in American culture because they are surrounded by others from their own country. While comfortable, this situation has begun to limit a student's exposure to new ideas, concepts and lifestyles. Our Midwestern campuses would be the best of both worlds - world-class education and Midwestern hospitality.
While the overall culture in Taiwan is different than the U.S., there are some American concepts that are taking off. For example, Costco has three stores in Taiwan. All three stores are in the top 10 selling Costco stores worldwide. In fact, the largest Costco store in the world is located in Taiwan. All of the milk sold at Costco in Taiwan is from Massachusetts.
While the Taiwanese clearly like the deals they can find at Costco, housing is extremely expensive in Taiwan. An unfurnished 2,000-square-foot unit in a new building in Taipei would cost $5,000,000. Land and space is a premium while consumer goods are plentiful.
Throughout my trip, we spent considerable time discussing trade, public policy and international relations. Our hosts showcased many innovative and unique national highlights such as the Hsinchu Science Park and their high speed rail system. It was fun to ride a train going 186 miles per hour, but the money they lose on the system is significant. I was also exposed to a number of Taiwanese cultural highlights including a visit to the National Palace Museum, the Shihlin Night Market and a Chinese opera.
Taiwan is close in proximity to China and there is Chinese influence on the culture of the island, but China is also their biggest concern. Taiwan has been an independent nation since 1950, but China's rising influence in the region was a central theme of many of our discussions. China's ambitions appear to be moving south toward Vietnam and the controversial islands in the South China Sea. The Taiwanese believe that China wants to be a maritime power and point to their efforts to build military installments on these islands. This is concerning to Taiwan because, as Gen. Douglas MacArthur, Taiwan is "an unsinkable aircraft carrier."
Overall, my field trip to Taiwan was a very interesting, informative, educational experience. I think there are some great opportunities for our state to collaborate and trade with a partner around the world and I look forward to working with my colleagues to find ways to capitalize on these international relationships.
For more information and to connect with me, visit my website http://legis.wisconsin.gov/senate/17/marklein and subscribe to my weekly E-Update by sending an email to Sen.Marklein@legis.wisconsin.gov. Do not hesitate to call 800-978-8008 if you have input, ideas or need assistance with any state-related matters.
- Sen. Howard Marklein represents Wisconsin's 17th Senate District. His column is published Mondays in the Times.
The goal of our visit to Taiwan was to learn more about the country's industries, history and culture; to discover opportunities to learn from innovations in Taiwan; and to find opportunities to trade and partner in the future. I was impressed and encouraged by our conversations and I learned a lot.
Taiwan is the United States' ninth largest trading partner. They import $15.5 billion in products from the United States every year, including $182 million from Wisconsin annually. In fact, Taiwanese officials pledged to purchase 103 to 110 million bushels of soybeans from Wisconsin and other Midwestern states in 2011. To date, $61,953,575 in soybeans has been exported from Wisconsin to Taiwan per this agreement. Taiwan imports 90 percent of its grain from the United States. Taiwan is the U.S.'s second largest agricultural export market in the world.
With limited land area and a huge population, Taiwan imports a significant portion of its food supply and Wisconsin has directly benefited from their economic needs. There are 23.5 million people in an area that is less than a quarter of the size of Wisconsin (our population is only 5.75 million people). Throughout my discussions on tour, I discovered that we have additional opportunities with other agricultural products such as cranberries and pork, which could come from the 17th Senate District.
We also have the unique opportunity to "export" our higher educational opportunities to Taiwan. According to the many ministry officials and leaders I met, credentials from U.S. colleges and universities are very valuable in Taiwan, especially degrees in engineering and the sciences. The University of Wisconsin System, especially UW-Platteville, has a unique opportunity that I will be working to share and promote over the next several months.
Currently, many Asian students gravitate toward West Coast schools because of recruitment efforts and proximity. However, the significant populations of Asian students at these institutions have made it less likely for individual students to be immersed in American culture because they are surrounded by others from their own country. While comfortable, this situation has begun to limit a student's exposure to new ideas, concepts and lifestyles. Our Midwestern campuses would be the best of both worlds - world-class education and Midwestern hospitality.
While the overall culture in Taiwan is different than the U.S., there are some American concepts that are taking off. For example, Costco has three stores in Taiwan. All three stores are in the top 10 selling Costco stores worldwide. In fact, the largest Costco store in the world is located in Taiwan. All of the milk sold at Costco in Taiwan is from Massachusetts.
While the Taiwanese clearly like the deals they can find at Costco, housing is extremely expensive in Taiwan. An unfurnished 2,000-square-foot unit in a new building in Taipei would cost $5,000,000. Land and space is a premium while consumer goods are plentiful.
Throughout my trip, we spent considerable time discussing trade, public policy and international relations. Our hosts showcased many innovative and unique national highlights such as the Hsinchu Science Park and their high speed rail system. It was fun to ride a train going 186 miles per hour, but the money they lose on the system is significant. I was also exposed to a number of Taiwanese cultural highlights including a visit to the National Palace Museum, the Shihlin Night Market and a Chinese opera.
Taiwan is close in proximity to China and there is Chinese influence on the culture of the island, but China is also their biggest concern. Taiwan has been an independent nation since 1950, but China's rising influence in the region was a central theme of many of our discussions. China's ambitions appear to be moving south toward Vietnam and the controversial islands in the South China Sea. The Taiwanese believe that China wants to be a maritime power and point to their efforts to build military installments on these islands. This is concerning to Taiwan because, as Gen. Douglas MacArthur, Taiwan is "an unsinkable aircraft carrier."
Overall, my field trip to Taiwan was a very interesting, informative, educational experience. I think there are some great opportunities for our state to collaborate and trade with a partner around the world and I look forward to working with my colleagues to find ways to capitalize on these international relationships.
For more information and to connect with me, visit my website http://legis.wisconsin.gov/senate/17/marklein and subscribe to my weekly E-Update by sending an email to Sen.Marklein@legis.wisconsin.gov. Do not hesitate to call 800-978-8008 if you have input, ideas or need assistance with any state-related matters.
- Sen. Howard Marklein represents Wisconsin's 17th Senate District. His column is published Mondays in the Times.
