Singapore becoming magnet for investment from Taiwan to hedge tensions with mainland China
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
Direct investment flows from Taiwan to Singapore peaked at S$7.21 billion (US$5.4 billion) in 2021 from S$3.69 billion in 2020, with the city state seen as politically ‘neutral’ amid tensions between Taiwan and mainland China.