/CHINA: Taiwan looks to tighten investment...>

TAIWAN: /CHINA: Taiwan looks to tighten investment rules for China (FT)

- Taiwan is looking to tighten regulation of Chinese investment in its companies

over fears that Beijing could obtain access to sensitive data and technologies.

The government is compiling an "inventory" of legal and illegal Chinese stakes

in the economy and is planning to close loopholes that threaten national

security, senior government officials told the Financial Times. The push mirrors

the US's recent move to tighten national security review procedures of foreign

investments to guard against China. Legal experts have long advised the

Taiwanese government to follow Washington's example. The effort has gained

urgency as Tatung, a Taiwanese group that handles sensitive government and

military data, is mired in a fight for board control with investors who

management and activists believe are backed by Chinese money.

- Link: https://www.ft.com/content/3d9bdbae-1aaa-43f9-a5e9-924199dc9464