Mon, Apr 27, 2015 - Page 8 News List

Ma’s banked credit denied by AIIB

By Huang Tien-lin 黃天麟

Rather than doing that, Taiwanese should ask him to take that NT$620 billion and instead spend it inside the country, perhaps setting up an innovation and entrepreneurship fund. This would encourage more innovation and entrepreneurship among young people in the technology sector, and would be beneficial to the nation. This would be 100 times more effective than joining the AIIB.

Since Taiwan has already been locked out of the bank, the government should give up — for the sake of economic efficiency and for the sake of the survival of the nation.

Huang Tien-lin is former president and chairman of First Commercial Bank and a former Presidential Office adviser.

Translated by Zane Kheir

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