China came in second, with Taiwanese banks’ outstanding international claims totaling US$43.84 billion, down from US$45.20 billion a quarter earlier, the bank’s data showed. The non-bank private sector worldwide held 62.40 percent of Taiwan’s total international claims as of Sept. 30, with the banking industry holding 29.79 percent and the public sector securing 7.8 percent, the data showed. Developed countries were Taiwan’s main debtors, accounting for 52.50 percent of the nation’s total international claims, the data indicated. In terms of regions, the Asia-Pacific region accounted for 47.50 percent of Taiwan’s total international claims, followed by the Americas and the Caribbean (28.86 percent) and Europe (20.42 percent), the central bank said. After the US and China, Luxembourg was Taiwan’s third-largest debtor, with Taiwanese banks’ exposure standing at US$39.43 billion, followed by Hong Kong with US$36.88 billion and Japan with US$32.76 billion in exposure, the central bank’s figures showed.


Source:   Taipei Times
December 29, 2019 15:56 UTC