Wednesday, February 1, 2023
  • About us
    • Write for us
    • Disclaimer
    • Terms of use
    • Privacy Policy
  • RSS Feeds
  • Advertise with us
  • Contact us
DefenceTalk
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports
No Result
View All Result
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports
No Result
View All Result
DefenceTalk
No Result
View All Result

Taiwan to relax China high-tech investment limits

by Agence France-Presse
February 28, 2011
in Technology News
1 min read
0
Taiwan to relax China high-tech investment limits
14
VIEWS

Taiwan is to relax controls on investments from mainland China in the island’s high-tech companies, a senior economic official said Sunday.

The move is yet another sign of fast-warming ties with Beijing.

According to the state Central News Agency, Chinese companies will be allowed to own up to 10 percent of individual semiconductor and flat-screen manufacturing companies.

Chinese companies will also be permitted to own up to 49 percent of subsidiaries controlled by the high-tech firms.

“The proposal to ease the restrictions on investments by Chinese businesses have been approved by the Executive Yuan (Taiwan’s Cabinet),” deputy economic minister Lin Sheng-chung told AFP.

“It is due to be announced in the next few days,” Lin said, declining to provide details.

Analysts say the measures will help Taiwanese flat-screen makers tap China’s vast market.

Taiwan in June 2009 partially lifted a decades-old ban on investment in the island by Chinese companies or individuals amid rapidly improving ties following the election of Beijing-friendly Ma Ying-jeou as president in 2008.

Despite the opening, accumulated Chinese investment streams to Taiwan are less than one thousandth the money going in the other direction.

As of December, Chinese firms had made 102 investments on the island worth $131.83 million, Taiwan’s Investment Commission said.

Meanwhile, Taiwanese businesses have funnelled an estimated $150 billion to the mainland since the government eased controls on China-bound investment in 1991, local media have said.

China still regards Taiwan as part of its territory awaiting reunification although the island has governed itself since 1949 at the end of a civil war.

Tags: chinaDefense Technology Newsinvestmenttaiwan
Previous Post

Air Force F-4 Phantom Vietnam War Operations

Next Post

Tanker contract victory spells risks for Boeing

Related Posts

Hackers could shut down satellites – or turn them into weapons

Airbus to provide satellite communications for Belgian Armed Forces

January 25, 2023

Airbus has signed a contract with the Belgian Ministry of Defence to provide tactical satellite communications services for a 15...

US Air Force and Microsoft partner to empower airmen with modern IT

US DoD Names Vendors to Provide Joint Warfighting Cloud Capability

December 15, 2022

The Defense Department awarded contracts to four technology companies to provide services in support of its Joint Warfighting Cloud Capability....

Next Post
Tanker contract victory spells risks for Boeing

Tanker contract victory spells risks for Boeing

Latest Defense News

India approves purchase of 33 Russian fighter jets

Two Indian military jets crash, one pilot killed

January 30, 2023
China made third-largest air incursion this year, says Taiwan

Senior US general warns of possible looming war with China

January 28, 2023
French Air Force Mirage 2000 jet fighter

France could meet Ukraine’s demand for fighter jets

January 27, 2023
Denmark in talks with Israel to replace howitzers donated to Ukraine

Denmark in talks with Israel to replace howitzers donated to Ukraine

January 27, 2023
Israel, Gaza militants trade missiles after deadly West Bank raid

Israel, Gaza militants trade missiles after deadly West Bank raid

January 27, 2023
Leopard tanks to arrive in Ukraine around late March: Germany

Leopard tanks to arrive in Ukraine around late March: Germany

January 27, 2023

Defense Forum Discussions

  • NZDF General discussion thread
  • ADF General discussion thread
  • The Russian-Ukrainian War Thread
  • Russia and the West
  • Military Aviation News and Discussion
  • Italy defence procurement, arms counter-trade and weapons exports
  • China - Geostrategic & Geopolitical.
  • Royal Australian Air Force [RAAF] News, Discussions and Updates
  • Great Power Competition
  • Japan, Koreas, China and Taiwan regional issues
DefenceTalk

© 2003-2020 DefenceTalk.com

Navigate Site

  • Defence Forum
  • Military Photos
  • RSS Feeds
  • About us
  • Advertise with us
  • Contact us

Follow Us

No Result
View All Result
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports

© 2003-2020 DefenceTalk.com