UNCLEAR LINES: The government is to take national security concerns into account when reviewing investment funds coming from Hong Kong and Macau, a source said
Date: Jul 14, 2020
By: Yimou Lee and Emily Chan / Reuters, TAIPEI
Taiwan has traditionally treated investment from Hong Kong and Macau as foreign investment, without the same controls and limits it has on money coming from China.
However, Beijing’s contentious new legislation for Hong Kong targets crimes of secession, subversion, terrorism and collusion with foreign forces with up to life in prison, and allows people to be sent to China for trial.
Taiwan is on alert to ensure any influx of Hong Kong money is not secretly coming from China.