After US-Japan, now Taiwan tightens noose on Chinese investments over security concerns Indiablooms First Portal on Digital News Management


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Taipei: Taiwan's Ministry of Economic Affairs has tightened control on Chinese investments in Taiwan due to national security concerns, media reports said. The country is following the same measure against Beijing as followed by US and Japan. Based on new regulations, Chinese military-owned companies and Chinese Communist Party-owned companies are banned from investing in Taiwan, reports Taipei Times. The regulations took effect yesterday, the ministry was quoted as saying by the newspaper. There is a worldwide trend of scrutinizing investments from China more closely due to concerns that China could gain access to key technologies and information, Investment Commission spokesman...