Taiwan moots lifting ban on China tech deals

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Old Sep 29th, 2009, 06:00 AM   #1
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Default Taiwan moots lifting ban on China tech deals

Taiwan may relax strict rules restricting mainland Chinese investment in its technology sector by ythe end of the yeat 'at the earliest', according to Shih Yen-shiang, minister of economic affairs.

Mr Shih, who was appointed minister of economic affairs this month after a cabinet reshuffle, said on Tuesday that the review would also consider whether to allow Taiwanese semiconductor and flat-panel makers to pursue mergers and acquisitions in the mainland and set up more advanced manufacturing facilities than current provisions allow.

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