Taiwan may relax strict rules restricting mainland Chinese investment in its technology sector by the end of the year “at the earliest”, according to Shih Yen-shiang, the new minister of economic affairs.
Mr Shih, who was appointed minister of economic affairs this month after a cabinet reshuffle, said on Tuesday that the review would also consider whether to allow Taiwanese semiconductor and flat-panel makers to pursue mergers and acquisitions in the mainland and set up more advanced manufacturing facilities than current provisions allow.
