TAIWAN
- Share via
From Times Staff and Wire Reports
Nearly $500 Million Committed to Beijing: Taiwan investors have committed nearly $500 million to 600 projects in China’s capital since the beginning of the year, the official China Daily reported. The newspaper attributes the cash flood to rumors that direct ties between Taiwan and China will resume soon. The figures indicate a shift in the Taiwan investment strategy from southern to northern China.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.