February 10, 2010

Reunification Watch: Taiwan to Allow Mainland Investment in Financial Sector

Mainland China based brokerages and insurance companies may be allowed to directly invest in Taiwan financial institutions according to the Taiwan Financial Supervisory Commission. A final decision has not been approved. Moving forward, Chinese banks famously awash with capital to spend, may be allowed to invest in Taiwan's financial businesses as part of the big Economic Framework Agreement still under consideration....

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