Taiwan: will president help with cash?

And while on the subject of money, recall that it has been announced by the government of Taiwan that its president, Chen Shui-bian, will visit Belize, either late this month or early in September. As we reported last week, Chen will attend the inauguration of Panama?s President Torrijos on September first and will also make a private visit to the United States, in addition to the stop in Belize. With the decision to withdraw Belize?s latest one hundred and twenty-five million U.S. dollar bond issue the government will be looking for some short term hard currency cover. In those circumstances the short list of white knights is usually headed by Taiwan, whose per capita U.S. dollar reserves are said to be among the highest in the World.