Capital returning from China drives property boom in Taiwan

Top Lifetime Deals - Business Software Ai Writer, SEO, Blogging, Email & More

Save up to 90% Discount On Business Software such AI Writer & CRMs

China’s rising labour costs, worsening trade relations with the US and zero-COVID strategy has prompted many firms to move parts of their operations to other regions in a bid to reduce the risk to their supply chains. A once- sleepy municipality in Taiwan is seeing a property boom, as investors seek a safe haven outside the mainland. The property market in Taichung city is the hottest among all of Taiwan’s six major municipalities. According to official data, more than 20% of Taiwan’s capital from China has made its way to the island’s second-largest city.

Subscribe to our channel here: https://cna.asia/youtubesub

Subscribe to our news service on Telegram: https://cna.asia/telegram

Follow us:
CNA: https://cna.asia
CNA Lifestyle: http://www.cnalifestyle.com
Facebook: https://www.facebook.com/channelnewsasia
Instagram: https://www.instagram.com/channelnewsasia
Twitter: https://www.twitter.com/channelnewsasia

You May Also Like