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Article: China approves first Taiwan-bound investment case.
- Article from:
- The Taiwan Economic News
- Article date:
- August 6, 2009
CopyrightCOPYRIGHT 2009 China Economic News Services. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Taipei, August 6, 2009 (CENS) -- Mainland China's Ministry of Commerce recently approved the publicly held Fujian Newland Computer Co., Ltd. to acquire Digit Professional Asia Ltd., making it the first China's Taiwan-bound investment case involving capital directly channeled from the mainland.
Although seven of the mainland's airlines have agreed to opened branches in Taiwan since Taiwan government put a regulation governing the mainland's investment in Taiwan into effect this June, none of them capitalize their Taiwan shops with money directly from the mainland.
Fujian Newland Computer, held by information-technology manufacturing conglomerate Fujin ...