Hang Seng invests in Taiwan Strait Economic Zone

March 16, 2012 | BY

clpstaff &clp articles

Preferential policies for cross-strait investment are benefiting Taiwanese entrepreneurs. While some are still concerned about risks such as exit restrictions and the dispute resolution mechanism, foreign financial institutions are already benefiting from the growing business.

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According to Xinhua, Hang Seng Bank opened its second branch this week in Xiamen, in eastern China's Fujian province. The province is home to the Western Taiwan Strait Economic Zone.