Taiwan would liberalize banking and investment rules to establish itself as a regional financial hub, President Tsai Ing-wen (蔡英文) told the Taiwan Capital Market Forum in Taipei yesterday.
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The legislature yesterday ratified the cross-strait Economic Cooperation Framework Agreement (ECFA) after a showdown that saw all the Democratic Progressive Party (DPP) caucus’ motions voted down by the Chinese Nationalist Party (KMT) majority. The vote took place after more than 10 hours of clause-by-clause deliberation, with KMT and DPP lawmakers taking the floor in turn to speak for and against the ECFA. |