China to unveil regulations on Taiwan operations

CHINA - After gathering opinions of Taiwanese companies, associations of Taiwanese-invested companies and other business-related groups, China's Cabinet is due to introduce the regulation of governing liaison office establishment of Taiwanese-invested banks in China at the beginning of September.

The Vice governor of The People's Bank Of China, or China's central bank, said all Taiwan banks would qualify to enjoy preferential treatment in setting up liaison offices or branches in China, if they

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