Wed, Nov 05, 2003 - Page 11 News List

China can learn from Taiwan

BANKING Financial experts told a cross-strait seminar that Taiwan's 40-year experience in the stock exchange could serve as a valuable lesson for China's greener investors

By Joyce Huang  /  STAFF REPORTER

But Liu urged Taiwan's government to accelerate their Chinese counterparts' applications after China allowed seven out of 10 Taiwanese banks to set up liaison offices in China.

In response, Vice Minister of Finance Susan Chang (張秀蓮) yesterday said, "The precondition of cross-strait financial supervision should be facilitated before the issue can be addressed."

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