The Royal Bank of Canada has become the first financial institution to appease China in its political crackdown on Taiwan
|05/28/2018||Posted by BusinessMediaguide.Com under General World News||
- Royal Bank of Canada has changed its description of Taiwan from a country to a province of China.
- It appears to be the first financial institution to make the change this year amid China’s political crackdown on how foreign companies describe its disputed territories.
- The change occurred just two weeks after Air Canada made a similar change after receiving a letter from China’s Civil Aviation Authority.
The Royal Bank of Canada has become the latest foreign company to change its description of Taiwan from a country to a province of China.
Bank customers who want to send payments to Taiwan will reportedly find the read more >>>