Taiwan plans to be a financial hub, much like Hong Kong.

High-level foreign companies have shown increased interest in Taiwan.


Carl Adrian

21 Aug, 2020

Taiwan plans to be a financial hub, much like Hong Kong. | BEAMSTART News

- From our Sponsors -

In a move to further drive the country's economy, Taiwan President Tsai Ing-wen (蔡英文) said that plans to turn the island nation into a financial and asset management center are on the horizon.

The country presently derives most of its growth from exports, with China being its largest trading partner

With Hong Kong's position as a financial hub slowly eroding due to China's new national security laws, this could be an opportunity for Taiwan to capitalize on.

Taiwan President Tsai Ing-wen.

President Tsai also adds that more and more internationally renowned companies have expressed interest in this move.

She also adds that the government's goal is to sign more bilateral trade deals, including one with the United States.

Many of such international trade deals have not materialized due to fears of potentially infuriating China.

“More and more internationally renowned companies, and even more international-level capital, talent, and technology companies, are bullish about Taiwan, and coming to Taiwan and increasing their investment in Taiwan. The government will continue to adopt more open measures, open up diverse financial products, expand the scope of our wealth management business, and let Taiwan become an Asian corporate financial center and high-level asset management center,” the president said.

- From our Sponsors -

Latest Jobs

Account Executive

Novoflow

California,

Full Time

USD 200000 — USD 250000 yearly

Sales Development Representative

Usul

California,

Full Time

USD 70000 — USD 150000 yearly

Senior Software Engineer

Crustdata

California,

Full Time

USD 150000 — USD 220000 yearly

Founding Recruiter

Giga

California,

Full Time

USD 110000 — USD 170000 yearly

Hardware Engineer

Makani Science

California,

Full Time

USD 65000 — USD 130000 yearly

Software Engineer

Solidroad

California,

Full Time

USD 170 — USD 220 yearly

Applied AI Engineer

Argon AI, Inc.

New York,

Full Time

USD 200000 — USD 300000 yearly

Account Executive

Conduit

California,

Full Time

USD 160000 yearly

Founding Recruiting Lead

Confido

New York,

Full Time

USD 155000 — USD 185000 yearly

Machine Learning Intern

Bindwell

California,

Internship

USD 80000 — USD 120000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).