Date
20 August 2017

Mainland investment in Taiwan up 10% in 2013, paper says

Mainland investment in Taiwan rose 10 percent to US$360 million in 2013 from a year earlier, United Daily News reported Tuesday, citing the island’s Ministry of Economic Affairs. The island gave mainland business the go-ahead to invest in 141 projects last year, up 2.17 percent from a year earlier. Meanwhile, Taiwan approved 440 Taiwanese projects on the mainland last year, down 3 percent from 2012, and the value of the investment fell 20 percent to US$8.68 billion. Gordon Sun, director of the Taiwan Institute of Economic Research’s macroeconomic forecasting center, said it is a warning sign that Taiwan-made products are losing mainland market share, the report said.

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