Putting money in Taiwan

When Jim Rogers speaks, I listen and listen very carefully. Jim rogers recently has been bullish on Taiwan near the end of the Taiwan election when speculation that Ma Ying-jeou would win by a landside. With Ma taking over on April 20th, relationships between Tawian and the Red Dragon China are already improving. Vice-president-elect Vincent Siew met with President Hu Jintao of China on the sidelines of the Boao Forum. Ma called the meeting a success saying "Of the big icy mountain, only a small piece of ice is melted," This was considered the highest contact both countries had in more than six decades. China is also considering lifting visa restrictions for Hong Kong residents wanting to travel to Taiwan. Then were also rumors that China had removed missiles that were aimed at Taiwan. Tourism stocks have surged since the victory of Ma. I expect more economy prosperity for local businesses in Taiwan. It can only get better.

Disclosure: 700 shares of EWT (Taiwan ETF)