Taiwan investment in China plummets as it soars in U.S. and Germany - Nikkei Asia
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Japan has always been active in investing in Taiwan, with 11654 investments totalling about USD25.9 billion by the end of 2022.
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Taiwan investment in China plummets as it soars in U.S. and Germany
Mainland s appeal ebbs amid flagging economy and rising tensions
Taiwan Semiconductor Manufacturing Co. has stepped up investment in such destinations as the U.S. and Europe. (Photo by Shinya Sawai) HIDEAKI RYUGEN, Nikkei staff writer December 29, 2023 01:48 JST | Taiwan Copy CopiedTAIPEI -- Taiwanese investment in China plunged in 2023 to just over 10% of the island's total outbound direct investment, the lowest share in decades and well below its fast-growing spending in the U.S. and Germany.
Even as Taiwan's approved foreign direct investment between January and November jumped 87% on the year to $25.7 billion, investment in China slumped 34% to $2.9 billion, making up just 12% of the total, official Taiwanese data shows.
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