Taiwan speeds up investment diversification away from mainland China amid cross-strait tensions

Taiwan has accelerated investment diversification away from mainland China, placing an emphasis on managing exposure to its largest export and investment destination amid ongoing cross-strait tensions and changes to the global supply chain.Investment in mainland China dropped by 14.5 per cent from a year earlier to US$4.79 billion in the first 11 months of 2021, according to data from Taiwan’s Ministry of Economic Affairs.Investment from mainland China dropped by 62.9 per cent year-on-year to…

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