Taiwan bid to lure firms from mainland China paying off as trade tensions with US persist

//Taiwan bid to lure firms from mainland China paying off as trade tensions with US persist

Taiwan bid to lure firms from mainland China paying off as trade tensions with US persist

Taiwan’s push for its companies to invest in advanced manufacturing at home, after decades of focusing on mainland China, is helping offset the effects of Beijing’s trade war with Washington, the island’s government said.Taiwanese companies have pledged to invest almost NT$1.2 trillion (US$39 billion) in the island since the government initiated a programme at the beginning of the year to attract investment from local companies with facilities on the mainland.“We will see additional annual…

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By | 2019-11-19T07:41:46+00:00 November 19th, 2019|Technology|Comments Off on Taiwan bid to lure firms from mainland China paying off as trade tensions with US persist