Taiwanese Firms Exiting China Amid Rising Tensions
Beijing: There are signs that the economic ties between Taiwan and China have started to decouple as Taiwanese trade and investment are exiting the mainland rapidly amidst growing geopolitical tensions between the US and Beijing over the Taiwan issue. The growth rate of Taiwanese exports of electronic products to China and Hong Kong has decelerated from 24 per cent in 2020 and 2021 to 11 per cent