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TAIPEI -(Dow Jones)- Chinese companies intend to buy US$2 billion worth of flat panels from Taiwan, according to a report by Xinhua News Agency posted Sunday on the Web site of the Central People’s Government of the People’s Republic of China.
Dec. 21 (Bloomberg) — China and Taiwan may sign an agreement to cross-list exchange-trade funds following a consensus reached over the weekend to broaden financial links, said Schive Chi , chairman of the Taiwan Stock Exchange.
Ties continue to strengthen between China and Taiwan with Chinese banks offering nearly 19 billion dollars to Taiwanese-funded firms on the mainland.
SHANGHAI: China reached out a hand to diplomatic rival Taiwan yesterday, offering Taiwanese investors on the mainland US$19 billion (US$1=RM3.47) in financing over the next three years, the latest in a flurry of economic diplomacy by Beijing.
Honorary Kuomintang chairman Lien Chan returned yesterday from Shanghai, where Wang Yi, director of the Taiwan Office of the State Council in Beijing, announced 130 billion RMBs (NT$624 billion or US$19 billion) would be made available as credit to Taiwan businesses in China.
Taiwan prepares for the arrival of two pandas from China, saying it is ready to accept a gift the opposition has called a propaganda ploy.
BEIJING - China’s ruling Communist Party on Sunday announced a 10-point cooperation plan to help Taiwan and China through the global financial crisis.
TAIPEI (XFN-ASIA) - China pledged to extend an additional 130 bln yuan in financing to Taiwan investors on the mainland and purchase 2 bln usd worth of LCD panels from Taiwan manufacturers, the Economic Daily News reported.
Dec. 21 (Bloomberg) — The ruling parties from China and Taiwan proposed broadening financial links, including permitting the island’s banks to upgrade their status on the mainland, which will allow them to provide financial services.
Dec. 21 (Bloomberg) — China offered 130 billion yuan ($19 billion) of loans for Taiwan companies operating on the mainland as the ruling parties of both governments laid out proposals to boost financial ties.
