Taiwan and China agree to step up financial cooperation
Taiwan and China have agreed to step up cross-Strait financial cooperation, including the signing of the memorandum of understanding for financial-supervision cooperation to facilitate mutual setup of financial business points, financial information exchange between the financial regulators of both sides, and permission for the use of China`s Unionpay Card in Taiwan.
China offered to provide Taiwan with any assistance in coping with the deepening global financial crisis at a forum between the ruling parties of both sides.