Taiwanese companies' investment in China last year ”drastically decreased” due to ”cross-strait tensions”

Taiwanese companies' investment in China last year decreased by 39.8% compared to 2022. On the 19th, according to local media reports such as Taiwan's daily newspaper "Free Times," Taiwan's agency in charge of mainland China
The Mainland Council (MAC) made the announcement on Facebook on the 17th of this month, citing statistics from Taiwan's Ministry of Economic Affairs (Provincial Investment Council).
The Mainland Commission said, ``Last year, Taiwanese companies made 328 investments in China, amounting to 3.04 billion dollars (approximately 4.5 billion dollars).
6 billion yen), a decrease of 39.8% compared to 2022, marking a record low. This accounted for only 11.4% of Taiwan's total investment last year.
Regarding the reason why the proportion of Taiwanese companies' investment in China sharply decreased from 83.8% in 2010 to the 10% range, the Mainland Commission stated,
This is because over the past few years, businessmen have begun to diversify their investments to manage global risks."