The bill now moves on to the Senate.
Beijing views newly-elected president Lai Ching-te as a more outspoken ‘separatist’ than his predecessor
Big-money investors are beginning to place more cash in emerging markets as they chase returns in what could be a structural shift in the way they allocate their money, a veteran Bank of America economist told Reuters. Large global fixed income funds, which have more firepower than those dedicated to emerging markets, are placing bets in "huge sizes" in key places, David Hauner, head of global emerging markets fixed Income Strategy at Bank of America told Reuters. Short-term bets in Egypt and Nigeria have also become popular.