[5] Many Taiwanese settled in the suburbs, notably Monterey Park, which eventually became known as “Little Taipei”, in no small part due to real estate developer Frederic Hsieh.
[6] In 1970, two years before Hsieh bought his first property, Monterey Park, whom he billed as the “Chinese Beverly Hills”[7] was only 15 percent Asian, of which most were Japanese.
[10] The demographic change brought tension to the community, to the point where a local gas station displayed a sign that said: "Will the last American to leave Monterey Park please bring the flag?," and the city council debated whether to make English the official language and force businesses to put up English language signs.
[citation needed] Later, growth slowed as many wealthier Taiwanese moved farther out to the San Gabriel Valley in the east and Orange County in the south.
Chapters of the Taipei Economic and Cultural Representative Office and the Taiwanese American Chamber of Commerce exist in the area to promote steady trade relationships with the United States.
Hsi Lai Temple, one of the largest Buddhist monasteries in North America, is located in the eastern Los Angeles County city of Hacienda Heights.