FDI has slumped as businesses are warned to take on burden of protecting their staff if Beijing attacks

cross-posted from: https://lemmy.zip/post/44264978

https://archive.is/9kma5

Japanese diplomats told company risk officers that “you are on your own if you put significant assets in Taiwan”, said one person present at one of the conversations.

Foreign direct investment by Japanese companies — traditionally Taiwan’s third-largest source of FDI, after the EU and US — slumped 27 per cent last year to $452mn, and is down from a peak of $1.7bn in 2022.

  • Hoimo@ani.socialEnglish
    51·
    12 days ago

    Firstly, I don’t know why English speaking countries are relevant when the article is about Japanese companies with people/assets in Taiwan preparing for an invasion scenario.

    Secondly, it’s not wild at all that any country with substantial investments in Taiwan would be worried about China’s relationship with Taiwan. The China-Taiwan situation has become very tense in recent years, while the world economy has only become more dependent on Taiwan’s semiconductor industry and, consequently, on Taiwan’s political situation.

    If we compare this to the US involvement in Guatamala to protect United Fruit Co’s banana production, this is substantially less wild.