07.03.2016 - Care needed for sovereign fund plan
Economic policy advisers to president-elect Tsai Ing-wen have been discussing the possibility of setting up a state-level investment corporation to promote, manage and finance certain industrial concerns, including semiconductors. In an interview last week with Bloomberg News, Taiwan Institute of Economic Research vice president Kung Ming-hsin — Tsai’s top adviser on industry policy — touched upon the subject, saying that Tsai’s team is considering establishing a quasi-sovereign wealth fund to finance emerging industries...............................................Full Article: Source
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