Chinese investment needs robust scrutiny


Source: taipeitimes.com taipeitimes.com

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In 2009, Taiwan opened specific industries to Chinese investors. Two years later, further deregulation allowed investment in Taiwanese companies through equity participation and joint ventures. However, in the past decade, Beijing has used China’s rapidly growing economic clout to influence democracies around the world. It is time to review the legal underpinnings of Taiwan’s capital markets to safeguard the nation’s security and economy. The government must review all relevant legislation, including the Measures Governing Investment Permits to the People of the Mainland Area (大陸地區人民來台投資許可辦法) and the Regulations Governing Permission for People From the Mainland Area to Invest in Taiwan (大陸地區之營利事業在台設立分公司或辦事處許可辦法)....