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Taiwan Drafts Plans for Wealth Fund, Aims for Bill by Year-End

Taiwan is drafting legislation to establish a new sovereign wealth fund with initial capital of about NT$30 billion ($912 million), pushing ahead with the government’s plan to make strategic investments overseas.

Reported by Bloomberg. We will add other newspapers as they cover it.

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  1. BloombergUnited States

    Taiwan Drafts Plans for Wealth Fund, Aims for Bill by Year-End

    Taiwan is drafting legislation to establish a new sovereign wealth fund with initial capital of about NT$30 billion ($912 million), pushing ahead with the government’s plan to make strategic investments overseas.

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