The operating environment.

The article deals with the political and economic conditions of Taiwan as of 2009. The efforts of Taiwanese President Ma Ying-jeou to save the export-dependent economy amidst global economic slowdown are explored, which include reaching a trade pact with China. A 4.04% decline in gross domestic product in 2009 is forecasted by the cabinet-level Directorate-General of Budget, Accounting and Statistics. It details how the Central Bank of China intervenes and controls the foreign exchange rate of the New Taiwan dollar. INSETS: Investment-approval checklist;Foreign direct investment.