Taiwan builds bridges with the mainland

New president Ma Ying-jeou is intent on improving relations with the People’s Republic of China, with likely benefits for business, especially in financial services. Chris Wright reports.

Revamping the stock market

Victor Kung, Fubon Financial

“We would like to see the same kind of banking services that we offer here in Taiwan offered in China as well”
Victor Kung, Fubon Financial

TAIWAN’S STOCK MARKET gives a good indication of the buoyant mood in the country. In 2008 up to May 16, with China, India, Indonesia and Malaysia down by double digits and Hong Kong and Singapore not far behind, Taiwan is a rare positive exception: amid the global credit crunch, its market has risen 7.7%.

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