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Taiwan interest in RMB share class to persist despite volatility

Despite recent turbulence in RMB rates, strong Taiwanese interest for Greater China funds with the currency share class should persist, says a global asset management research firm. Under Taiwan’s 2014 “Plan to Encourage Stronger Business Ties in Taiwan for Offshore Funds”, in lieu of restrictions on offshore funds investing in China, the overall regulatory landscape encourages not only bigger holdings in onshore resources and assets, but…

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