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Cross-strait Financial Cooperation Brings New Chances for Banking Industry |
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| Authors: | Tony Phoo |
| Abstract: | China mainland and Taiwan signed a Memorandum of Understanding on banking industry supervision and cooperation recentlyIt has great values to Taiwan banking industry which is annoyed by thin profits for longTaiwan-capitalized banks will have rights to carry out more financial services in Greater China RegionMeanwhile, it is helpful to boost Taiwan towards the middle-term target of growing into regional trade and financial center |
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