investment in China 結果共18筆

President Lai Ching-te emphasized the importance of civilian efforts in civil defense during his speech on Sept. 24. He highlighted Taiwan’s reduced investment in China and the establishment of a defense resilience committee.

Discover how the Taiwan Affairs Office urges Evergreen Group to support the ＂1992 Consensus＂ and oppose Taiwan independence for better cross-strait relations. Read more on the political and economic implications for Taiwanese businesses in China.

Discover how Taiwan has reduced its economic dependence on China, as President Lai Ching-te highlights a significant drop in investment and exports. Learn about Taiwan’s efforts to diversify economic partnerships amid challenges from China.

Explore the latest developments in cross-strait relations as Taiwanese and Chinese business leaders aim to deepen economic ties and investment. This visit marks a step toward enhancing trade and cultural exchanges.

Explore how TikTok’s growing popularity in the U.S. has raised national security concerns, including trade reciprocity, propaganda, and user surveillance, as national security expert Jacob Helberg discussed.

President Tsai Ing-wen meets bipartisan U.S. delegation led by Jack Bergman to counter China’s regional aggression. Discussions focus on Taiwan’s self-defense commitment, bilateral exchanges, and economic cooperation with the U.S. Bergman emphasizes Taiwan’s strategic importance in the Indo-Pacific region.

President Tsai Ing-wen highlights the success of Taiwan’s investment incentives projects, which have attracted over NT$2.17 trillion in investments and created over 140,000 jobs. Speaking at a Lunar New Year event, Tsai emphasizes the importance of Taiwanese businesses in driving economic development and emphasizes Taiwan’s global reach and reliability as an international partner. She also discusses Taiwan’s efforts to improve infrastructure and expand external relations, including trade cooperation with the U.S. and U.K. Tsai calls for the preservation of the peaceful and stable status quo in the Taiwan Strait and expresses a commitment to upholding democracy and seeking cross-strait dialogues. The event was attended by government officials and over 300 Taiwanese businessmen living and working in China.

The upcoming Taiwan presidential election is expected to have a significant impact on the country’s economic growth, according to a research report by France’s Natixis Corporate and Investment Banking company. The report suggests that regardless of the election outcome, Taiwan is poised for economic growth, with the consumer and tech industries leading the way. The research predicts that economic growth could increase from 1.2% in 2023 to 2.9% in 2024. While candidates share similar social and labor policies, the report highlights the major differences in their positions on industrial and energy areas, as well as Taiwan’s economic relationship with China. The report also mentions the potential role of Taiwan People’s Party (TPP) candidate Ko Wen-je in triggering legislative instability. The incumbent Democratic Progressive Party (DPP), leading in polls, is expected to continue pushing for diversified trade and investment policies, shifting focus from China to the U.S. and other Asian regions. However, achieving these targets may be challenging as Taiwan has missed out on regional trade and economic agreements such as RCEP, CPTTP, and the U.S.-led IPEF. If the Kuomintang (KMT) wins the election, they might seek closer trade and investment links with China by expanding the Economic Cooperation Framework Agreement (ECFA), according to Natixis.

Taiwan People’s Party (TPP) vice-presidential candidate Cynthia Wu aims to tackle societal issues and improve Taiwan’s working environment. In an interview with Deutsche Welle, Wu characterizes the cooperation between Kuomintang (KMT) and China as too close, while the Democratic Progressive Party (DPP) is overly confrontational. She believes the ＂1992 consensus＂ needs updating and suggests that China propose a new treaty to foster dialogue. Wu acknowledges her privileged background and welcomes the nickname ＂Princess＂ given by the media. She emphasizes her attention to economically vulnerable populations, drawing on her work experience in London and business travels in Asia, Brazil, India, and Kenya. Wu was chosen as the primary election partner by party chairperson Ko Wen-je for her business background and international investment experience.

President Tsai Ing-wen asserts that Taiwan is globally significant economically and does not rely on China as a conduit to the world. Tsai emphasizes the importance of Taichung in the upcoming elections, stating that over 50 percent of presidential and vice presidential votes will come from the city. She acknowledges that inadequate infrastructure has hindered economic growth during her presidency, leading to an investment of NT＄4 trillion in public infrastructure. Tsai also highlights her significant investments in social welfare, including elderly care aids, subsidies for children, and income tax exemptions for 47 percent of the Taiwanese population. She urges support for Democratic Progressive Party (DPP) presidential candidate Lai Ching-te in the 2024 election to continue her approach of incorporating economics, defense, and democracy to protect Taiwan.

Taiwan’s investment in China has reached its lowest point in a decade, making up just over 10% of the island’s total overseas direct investment, according to a report by Nikkei Asia. Recent official data from Taiwan reveals that foreign direct investments surged by 87% to reach $257 billion through November this year. However, investments in China plummeted by 34% to only $29 billion, representing a mere 12% of the total. Since 2010, Taiwanese investments in China have been steadily declining and are projected to drop below the lowest point recorded since 1999. In contrast, investments in the United States have increased ninefold to $96 billion, accounting for around 37% of the total outbound direct investment. Additionally, Taiwan’s direct investment in Germany has soared 25-fold to $39 billion, largely driven by the operations of Taiwan Semiconductor Manufacturing Company. Sun Ming-te, Director of the Business Development and Research Center at the Taiwan Institute of Economic Research (TIER), predicts that if tensions between the United States and China persist, Taiwan’s investment in China will continue to decline.

Taiwan’s investments in New Southbound countries in the first 11 months of 2023 have surpassed investments in Mainland China, according to the Ministry of Economic Affairs (MOEA). Investments in the New Southbound countries reached US＄5.13 billion, a 7.26% year-on-year increase, outstripping investments in Mainland China, which stood at US＄2.96 billion. This trend is driven by the supply chain diversification, accelerated by the U.S.-China trade war and major manufacturers’ strategies to decentralize operations. Investments in New Southbound countries now account for around 20% of Taiwan’s total overseas investments, whereas China accounts for approximately 11.5%. From January to November 2023, there were 2,102 approved cases of overseas-focused investments by Taiwanese and foreign entities, a decrease of 8.89% compared to last year. The amount invested reached about US＄10.8 billion (approximately NT＄323.7 billion), the second-highest for the period in the last 15 years but still representing a 13.04% decline from the previous year. Investments from New Southbound countries into Taiwan saw 609 approved cases within the same timeframe, an annual increase of 41.30%. The investment totaled approximately US＄2.5 billion (about NT＄75.7 billion), up 25.20% from the previous year, with the most significant inflows originating from Singapore, Thailand, and Malaysia. On a broader scale, the 504 approved cases of outbound investments from Taiwan marked a 2.44% annual increase, surging by 145.61% financially to roughly US＄22.8 billion (approximately NT＄684.4 billion). Investments in New Southbound countries revealed 195 approved cases, rising by 35.42% year-on-year, totaling around US＄5.1 billion (approximately NT＄ 154.1 billion) and constituting 20% of Taiwan’s total foreign investments. Singapore, Vietnam, and Thailand were the leading recipients. Conversely, approved investments in Mainland China amounted to 305 cases, down by 7.58%, with the approved investment sum decreasing by 33.91% to approximately US＄2.96 billion (about NT＄88.9 billion). Mainland Chinese investments in Taiwan experienced a 45.45% decline in approved cases to 24, with the investment figure falling 21.65% to about US＄27.4 million (approximately NT＄821.6 million).

Chinese companies are increasingly establishing supply chains in Vietnam as U.S. companies like Apple move production there, according to Japanese media reports. Export restrictions on advanced semiconductors and semiconductor production equipment to China by the Biden Administration have led to difficulties for Chinese manufacturers, prompting a shift in investment towards alternative manufacturing bases like Vietnam. Approved foreign direct investment in Vietnam increased by 15% from January to November 2023, with Chinese investment, including from Hong Kong and Macao, doubling from the previous year. Chinese investment in Vietnam is even higher when routed through subsidiaries based in Singapore and Thailand. Notable investments include Shandong Haohua Tire Co. Ltd.’s US$500 million investment and Trina Solar Co., Ltd.’s US$420 million decision. BYD Company also announced an expansion investment of US$144 million, bringing its total investment in Vietnam to over US$400 million. Japanese experts believe that Chinese enterprises must engage in joint advancements in cutting-edge technology with local entities to be seen as partners by the Vietnamese.

Kuomintang presidential candidate Hou Yu-ih criticizes Taiwan’s anti-fraud efforts, claiming that fraud cases are increasing despite an investment of NT$2.7 billion into the national anti-scam team. Hou attributes the problem to lenient penalties for fraud, leading to high recidivism rates. He proposes a three-pronged policy approach, including steeper penalties reflective of the amount scammed, interdepartmental cooperation, and stronger cross-strait and international cooperation. Hou also blames existing anti-fraud agencies for a lack of coordinated strategy and vows to improve collaboration if elected. Hou’s running mate, Jaw Shau-kong, compares the treatment of fraudsters in Taiwan and mainland China, stating that Taiwan’s sentences are lenient compared to the death penalty in the mainland. Jaw highlights that modern con artists often target the elderly, posing as utility bill collectors.

Kuomintang (KMT) presidential candidate Hou Yu-ih and his running mate, Jaw Shaw-kong, have pledged to crack down on Taiwan’s rampant fraud industry. If elected, they plan to conduct a sweeping operation against fraud groups in their first year, aiming to reduce fraud cases to a third of the current number in the second year and cutting them by half in the third year. Hou, drawing on his past anti-fraud experience, criticizes the current government for its investment in a national anti-fraud team that has seen an increase in fraud cases and arrests. He advocates for stronger surveillance by the National Communications Commission (NCC) in telecom facilities and emphasizes the need for cooperation with mainland China. Hou aims to leverage the Organized Crime Prevention Act to produce tangible results in the fight against fraud by the fourth year of his presidency.

Taiwan’s foreign investment landscape has undergone a significant shift, with investments in Southeast Asia surpassing those in mainland China for the first time in 30 years. From January to October this year, Taiwan invested US＄4.96 billion in Southeast Asia compared to US＄2.63 billion in China. The total number of approved foreign investments during the same period decreased by 8.18%, totaling 1,864 investments. The total investment amount was US＄8.39 billion, marking a 27.35% decrease compared to the previous year. Jiangsu Province emerged as the main beneficiary of Taiwan’s investments in mainland China this year. The changes in Taiwanese investment behavior can be attributed to shifts in global supply chains caused by the COVID-19 pandemic and the China-U.S. trade war. Notably, Taiwan Semiconductor Manufacturing Company (TSMC), Foxconn, and Yang Ming Marine Transport Corporation played a significant role in foreign investment, with TSMC investing US＄8 billion in U.S. companies and €3.5 billion in German firms, while Foxconn and Yang Ming Marine each injected US＄800 million into Singaporean businesses. This year marks the first time in three decades that investment in Southeast Asia has exceeded that in mainland China.

Amidst rising tensions between the U.S., China, and Taiwan, Ambassador Kurt Tong of The Asia Group highlights the overlooked yet significant mutual benefits of U.S.-Taiwan trade and investment. Tong urges policymakers and the public to focus on economic opportunities that can lead to long-term profitable relationships between the U.S. and Taiwan.

Beijing’s new plan aims to foster closer integration between Taiwan and the Fujian province by promoting residency applications for Taiwanese, easing business sector restrictions, and encouraging property investment. Learn about the latest developments in Taiwan-Fujian relations.