US House advances Taiwan IMF bill

The House unanimously passed the Taiwan Non-Discrimination Act, which stipulates that the US secretary of the treasury, who serves as the US governor to the IMF, should “vigorously support the ...

Taiwan warms up to a SWF

With $581bn of foreign exchange reserves, tiny Taiwan’s central bank ranks sixth in the world by official reserve assets. They don’t disclose their asset allocation, but our guess is that it’s stuck ...