“We are going to make Taiwan the No. 1 center in Asia for capital movement. In the future, we are going to relax rules for international finance institutions to establish offshore banking units [OBU] in Taiwan and make it more convenient to use foreign currencies. With more OBUs in Taiwan, we will be able to strengthen manufacturing development with all that capital. Secondly, we also wish to establish ourselves as a wealth management center. This means loosening rules and providing more diversified financial products and services. We can expand the scale of wealth management businesses, and attract more international institutions and capital to Taiwan.”
31 Jul 2020
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