Taiwan to Widen Doors for Chinese Investors

Taiwan's Ministry of Economic Affairs (MOEA) seeks to further ease restrictions on Chinese investment in the country, reports the China Post.

 

The Post says that as of the end of February, Taiwan has attracted NT$2.2 billion in Chinese capital following a lift on a decades-old ban on Chinese investment last June.

 

"We are reviewing the results of our initial market-opening measures and will continue to open our door wider to prospective Chinese investors," Economics Minister Shih Yen-shiang said at a hearing of the legislature's Economics Committee. Shih adds the ministry will also ramp up efforts to attract more China-based Taiwanese enterprises to return home to invest.

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