Tong Hsing Electronic Industries of Taipei has a registered capital of NT$1.654 billion (US$542 million). Photo: Handout
Trade war pushing Taiwanese firms back home, with reshoring raising island’s GDP growth rate
- Island government has approved 156 new investment projects this year, many relocating from China or opting to add capacity in Taiwan to avoid US tariffs
- US President Donald Trump has placed American tariffs on US$360 billion worth of goods made in China
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China economy
Tong Hsing Electronic Industries of Taipei has a registered capital of NT$1.654 billion (US$542 million). Photo: Handout