The pro-independence Democratic Progressive Party, led by President Tsai Ing-wen, initiated its New Southbound Policy to reduce its high reliance on the mainland since taking office in 2016. Photo: EPA-EFE
The pro-independence Democratic Progressive Party, led by President Tsai Ing-wen, initiated its New Southbound Policy to reduce its high reliance on the mainland since taking office in 2016. Photo: EPA-EFE
Taiwan
Economy /  China Economy

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

  • Taiwanese investment in mainland China dropped by 14.5 per cent from a year earlier in the January-November period, with investment from mainland China down by 62.9 per cent
  • Taiwan investment in Association of Southeast Asian Nations countries, Australia and New Zealand increased by 115.6 per cent in the first 11 months of the year

Topic |   Taiwan
Frank Tang
Frank Tang in Beijing

Updated: 9:37pm, 23 Dec, 2021

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The pro-independence Democratic Progressive Party, led by President Tsai Ing-wen, initiated its New Southbound Policy to reduce its high reliance on the mainland since taking office in 2016. Photo: EPA-EFE
The pro-independence Democratic Progressive Party, led by President Tsai Ing-wen, initiated its New Southbound Policy to reduce its high reliance on the mainland since taking office in 2016. Photo: EPA-EFE
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