Are they leaving or not? Taiwan firms are all the buzz in China’s richest county

Taiwanese firms in China's wealthiest county, Kunshan, are facing uncertainty as rumors circulate about the possibility of them relocating to Vietnam, leading to concerns about the future of the county and its cross-strait relations. The geopolitical landscape and pressure from downstream foreign clients have led Taiwanese manufacturers to consider moving production to other countries, despite China's role as the "world's factory." The potential exodus of Taiwanese firms could have significant implications for the county's economy and supply chains.

scmp.com

Relevant topic timeline:

8/24/2023

Taiwan to allow Chinese tourists, business people to visit again

Taiwan will allow Chinese tourists and business people to visit again as it seeks to resume exchanges and extend an olive branch to Beijing, though China has yet to add Taiwan back to its approved list.

8/26/2023

Trump, Biden policies shifted trade from China at a cost, study shows

Despite U.S. trade shifting away from China, the country still relies on China-linked supply chains, leading to higher costs for consumers and uncertain benefits in terms of improved manufacturing efficiency, according to research presented at a Federal Reserve symposium.

8/30/2023

China says easing market access in response to 'uninvestible' comment from US

China has defended its business practices and claimed that most U.S. firms want to stay and that Beijing is working to ease market access for foreign companies, in response to concerns from American businesses and global investors about the difficulties and risks of doing business in China.

9/4/2023

China takes larger slices of EV, battery, other key markets: survey

Despite efforts by the U.S. and other countries to reduce reliance on Chinese supply chains, Chinese companies have successfully expanded their presence in key markets such as cutting-edge materials and electric vehicles, making it difficult for countries to ensure their economic security.

9/14/2023

China Unveils Plans for Controversial Taiwan Rail Link

China has the capability to build a rail link from Fujian to Taiwan, but it would require a significant change in the political situation between the two and would face technical challenges such as drilling through rock and avoiding earthquake fault lines.

Topics

Posted 8/31/2023, 10:00:17 PM