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Friday, September 2, 2011

Taiwan to relax rules on China banking investment - Yahoo! Singapore Finance

Taiwan to relax rules on China banking investment - Yahoo! Singapore Finance
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1 comment:

  1. RAYLOKESeptember 2, 2011 at 4:33 AM

    Taiwan is set to ease restrictions on local banks investing in China in a bid to boost their competitiveness on the mainland, the government said Friday.

    The cabinet amended a law on cross-strait banking this week to remove a rule barring local banks and financial holding companies from investing in more than one Chinese financial institution, said the Financial Supervisory Commission.

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