Fri, Jul 18, 2003 - Page 11 News List

MAC mulls easing China financing

By Joyce Huang and Fiona Lu  /  STAFF REPORTERS

He said "indirect" cross-strait financial exchanges created difficulties for China-based Taiwanese businesses raising capital both at home and in China, while increasing local banks' risks in granting loans since they are not allowed to assess borrowers' business prospectuses in China.

Taiwanese banks have to enter the China market in order to expand their market share, Wang said.

This story has been viewed 2857 times.
TOP top