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by berserk1010 868 days ago
> It’s crazy to me that you haven’t see more divestments in China from Taiwanese companies.

There is a ton of divestment, what do you mean?

New investments in China by Taiwanese companies declined 10.4 percent year-on-year in the first quarter of the year (2023) to US$758 million...That follows an almost 14 percent decrease in such investment last year.https://www.taipeitimes.com/News/front/archives/2023/04/21/2...

According to a survey conducted by the Center for Strategic and International Studies Trustee Chair in Chinese Business and Economics, over a quarter of surveyed Taiwanese firms with operations in China had already moved some of their production or sourcing out of China, while another third were considering doing so in the near-term. https://english.cw.com.tw/article/article.action?id=3573

Apple Aims to Make a Quarter of the World’s iPhones in India. Supplier Foxconn plans to build more factories and give India a production role once limited mostly to China https://www.wsj.com/tech/apple-aims-to-make-a-quarter-of-the...
1 comments
gwern 868 days ago
> New investments in China by Taiwanese companies declined 10.4 percent year-on-year in the first quarter of the year (2023) to US$758 million...That follows an almost 14 percent decrease in such investment last year

How's total investment going? If the flow is still greater than zero, then presumably the stock is still increasing... It's a funny sort of 'divestment' where you have more invested (and at risk) every year.

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brokencode 868 days ago
Investing less every year is how you eventually get to investing nothing and finally to reducing total footprint every year in China.

It makes sense that this is a slow process when you consider the massive scale and complexity of the supply chains involved.

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berserk1010 868 days ago
A decrease of prior investment level is divestment, just not happening all at once. If you want to see that kind of activity:

Foreign investors have snatched back nearly 90% (!!!) of the money they put into Chinese stocks this year (2023) https://markets.businessinsider.com/news/stocks/china-econom...

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gwern 867 days ago
> Foreign investors have snatched back nearly 90% (!!!) of the money they put into Chinese stocks this year (2023)

So, they left in China 10% of the money that they sent to China? I'm still not seeing how this equates to a net decrease... 10% > 0%.

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