Taiwanese investment in China fell sharply this year to just over 10% of its total outbound direct investment, this is 70% less than in 2010, Report informs referring to Nikkei Asia.
According to the figures, China has fallen significantly behind the US and Germany. From January to November, while Taiwan's total approved foreign direct investment surged 87% to $25.7 billion, its investment in China fell 34% to $2.9 billion, accounting for just 12%.
This decline comes just as political relations between China and Taipei have worsened due to US-China frictions and the resulting US tariffs on Chinese goods.
