China and Taiwan have signed their first investor-protection agreement in the latest sign of the momentum behind President Ma Ying-jeou’s drive to strengthen his country’s relationship with China, its biggest trade partner and frequent political adversary.
The pact, signed on Thursday in a hotel picketed by anti-China protesters, is designed to address Taiwanese concerns about resolving business disputes in China as well as questions about their rights if detained there.
The agreement provides, among other measures, a way for companies to settle some business disputes out of court.
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