MOEA amended Article 4 of the “Rules Governing the Permission on the Investment and Technical Cooperation in Mainland China” on January 16, 2013 to clarify the issue on whether an investor in Taiwan, who acquires in the stock exchange, over-the-counter market or emerging stock market in Taiwan the shares issued by a foreign company which has investment in Mainland China, will be considered as indirectly investing in Mainland China and thus shall file an application for the approval from or report to the Ministry of Economic Affairs (“MOEA”).  According to the amendment, such investor does not need to apply for the approval from or to report to the authority unless the investor is a director, supervisor, manager or serves other equivalent position in said foreign company or holds more than 10% of the shares of the company.