Taipei – Taiwan plans to enhance scrutiny over investment from Hong Kong to prevent illicit money from mainland China “infiltrating” its economy, after Beijing imposed a new security law on the Asian financial hub, a source with direct knowledge of the matter said.
Taiwan, claimed by China as its own, has traditionally treated investment from Chinese-run and supposedly autonomous Hong Kong and Macau as foreign investment, without the same controls and limits it has on money coming from mainland China.
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