Not amphibious.
The CM-32 is Taiwan's new IFV (Infantry Fighting Vehicle.)
Prototypes were recently demonstrated. Taiwan plans to begin
manufacturing as many as 1,400 of the vehicles by 2007. Estimated
to cost $2.1 million each, the 21 ton wheeled ( 8x8 ) vehicle
carries six troops, plus a two man crew. The United States tried to
sell Taiwan the Stryker, but Taiwan wanted to keep the jobs at
home, and needed a less expensive vehicle. Taiwan went with a
wheeled vehicle because it needs fast moving armored vehicles in
the event of a Chinese invasion (which could happen at several
different coastal areas, in addition to paratroop landings. Most
CM-32s will just carry infantry, but others will carry heavy
weapons (120mm mortars or a 105mm gun.) The CM-32 doesn't have the
elaborate, and expensive, electronic gear of the Stryker, which
helped keep the price down.
http://strategypage.com/gallery/articles/military_photos_20051300.asp