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. Last Updated: 07/27/2016

Taiwan Plans Zones

TAIPEI () -- Taiwan plans to set up 10 industrial zones in Central America and Asia in a bid to expand its foreign ties and counter moves by China, the United Daily News reported Sunday.

Chou Yen, director-general of the Economic Ministry's Industrial Development and Investment Center, was quoted as saying Taiwan's goal was to set up 100 small overseas industrial zones.

The ministry would promote the 10 zones during the financial year starting in July, Chou told the mass circulation newspaper.