Taiwan's Ministry of Economic Affairs is revising regulations to require Taiwanese companies to seek approval if they plan to sell or dispose of an
Taiwan’s Ministry of Economic Affairs is revising regulations to require Taiwanese companies to seek approval if they plan to sell or dispose of any of their assets, plants or subsidiaries in China to their Chinese counterparts or other local buyers.
The ministry is concerned on the transfer of sensitive technologies. Current regulation only requires Taiwanese companies to notify authorities of such transactions.
Info comes via Nikkei Asia., link here for more.
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