Economy / Taiwan
Taiwan
August 2012 | Ratings UpdateTaiwan and China appear set to finalise details on an investment protection agreement that would augment the Economic Cooperation Framework Agreement (ECFA) that was signed between both parties in 2010. The agreement is expected to provide both Taiwanese and Chinese investors with a conflict resolution mechanism. While it is unlikely to be a gamechanger, the investment pact will likely bolster investment sentiment on both sides of the strait. This development marks another positive step for bilateral relations following Taipei's announcement of a 'third wave' of liberalisation in cross-strait investment.
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