Taiwan banks' exposure to China hits new high

June 13, 2014 6:33 AM

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Exposure of banks operating in Taiwan to China continued to hit a fresh high at the end of March amid warming business ties across the Taiwan Strait, according to Taiwan's central bank.

The central bank said China remained Taiwan's largest debtor at a time when Taiwanese investments in China and bilateral trade have continued growing, while more and more Taiwanese banks have set up footholds across the strait to extend loans.

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