Island's richest man steals the show at forum

PUBLISHED : Sunday, 29 April, 2007, 12:00am
UPDATED : Sunday, 29 April, 2007, 12:00am

The cross-strait economic forum may have failed to win the support of the Taiwanese authorities, but it proved popular among businessmen.

Of the 300 Taiwanese delegates, more than half were from the business sector, and stealing the show at a photo opportunity with President Hu Jintao was Terry Guo Tai-ming, the island's richest man. He waited for Mr Hu to appear after a meeting with Lien Chan. The president swiftly shook hands with the delegates until he got to Mr Guo. He chatted with the boss of Hon Hai Group - which is the parent company of controversial technology group Foxconn - for more than 20 seconds. 'He just said that we were old friends and hadn't met for a long time,' Mr Guo said.

He admitted there was political pressure surrounding his mainland investments. Foxconn, which is a component supplier to Apple, Compaq and Nokia, has been called a sweatshop.


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