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Economic officials should ignore the faulty definition of Chinese investment that has led to a “leaky faucet” allowing unmitigated capital into Taiwan, the Economic Democracy Union said yesterday, calling for a Control Yuan investigation into top officials who created the definition.
The problem started in 2009, when the Ministry of Economic Affairs passed the Measures Governing Investment Permits to the People of the Mainland Area (大陸地區人民來台投資許可辦法), union researcher Hsu Kuan-tze (許冠澤) told a news conference at the Legislative Yuan in Taipei.
He said that the measures stipulate investment qualifications that leave loopholes for Chinese investors.
In particular, Article 3 defines a controlling share
Taiwan Prays for Rain as Drought Threatens Chip Production
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