According to the US-Taiwan Business Council, the Taiwan government should consider relaxing its restrictive investment policies for Taiwan-based foundries interested in fab construction projects in China when the current policies expire at the end of 2005.

Taiwan government officials have been examining the China investment issue primarily through the prism of the cross-strait political relationship, rather than as an opportunity for Taiwan chipmakers to take a leading role in the global market, said Council president Rupert Hammond-Chambers.

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