Taiwan’s doors not to be rashly opened to Chinese investors: MOEA

Focus Taiwan
Date: 2015/12/14
By: Milly Lin, Yang Shu-min and Elizabeth Hsu

Taipei, Dec. 14 (CNA) Ministry of Economic Affairs (MOEA) officials pledged

(CNA file photo)

(CNA file photo)

Monday that the country’s doors will not be rashly opened to Chinese investment in Taiwan’s IC design sector before a consensus is reached on the issue amid rising opposition to the idea.

Public hearings and conferences will be held to discuss the proposal and collect the opinions of all those concerned, said officials at the MOEA’s Industrial Development Bureau.

A consensus will be needed before any doors are opened, they stressed.

Economic Affairs Minister John Deng (鄧振中) triggered the controversy when he said in late November that he will push for the opening of the IC design sector to Chinese investment before he steps down next year, raising both national competitiveness and national security concerns.     [FULL  STORY]

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