LEX --- TAIWAN
Corruption
allegations may be poised to claim another Asian leader. Chen Shui-bian, Taiwan's president, is fighting for his political survival following the indictment of his wife for allegedly misusing $450,000 of state funds. Does that change the dynamics of a market that has attracted $12bn of net foreign investment this year?
Arguably, foreign investors view the domestic situation largely as a sideshow. The $537bn Taiwanese equity market is essentially a play on global demand
