China-Taiwan MoU seen as symbolic
The memorandum of understanding signed this week to improve financial services access between China and Taiwan will have limited impact, say analysts. They see it as testing political waters ahead of the full free-trade pact, expected to be signed early next year.
Analysts say the signing of a memorandum of understanding (MoU) this week to open financial services access between China and Taiwan is little more than a symbolic gesture.They voiced their views despite the fact that the accord, signed on November 16, was warmly welcomed by equity investors. On
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