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Trade war

Taiwan unveils new rules to tighten Chinese investment screening

Taipei joining with US to prevent companies from circumventing regulations

Amid the intensifying tech standoff between Beijing and Washington, Taiwan is moving away from China and forging closer ties with the U.S. (Source photos by Reuters)

TAIPEI -- Taiwan on Thursday unveiled new regulations to tighten screening of Chinese investments on the island, joining forces with Washington to prevent Beijing from getting around regulations governing investment in sensitive technologies.

The new rules, for which a 60-day public opinion period began on Thursday, are aimed at scrutinizing the influence of Chinese investors when foreign companies plan to put money into Taiwanese businesses.

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