Taiwan Groups Urge Caution on Banking Ties with China

Taiwan human rights groups say that opening up Taiwan to China’s financial organizations will weaken the safeguards on the personal information of Taiwanese citizens. But Taiwan authorities stress they will conduct rigorous controls.
​Yan Jue-an, a member of Taiwan Democracy Watch, said after the cross-strait service agreement is signed, more Chinese financial institutions will come to Taiwan. But he says almost all of China’s banks are state-owned, and are probably tasked with …

Powered by WPeMatico

This entry was posted in Business. Bookmark the permalink.

Comments are closed.