Taiwan has seen a dramatic rise in the number of factory closures and a drastic plunge in incoming investments, as both Taiwanese manufacturers and overseas investors continue to flock to the lucrative Chinese market. The figures are telling - factory closures rocketed by 67 per cent last month from a year earlier, to 296. Foreign investments plummeted 49.7 per cent to US$352 million (S$617.4 million) in the same month, with total investments for the first seven months of this year shedding 47.44 per cent. These statistics point to the faltering attractiveness of Taiwan's investment environment as well as the tremendous...
