Taiwanese investment in China continued to increase steadily in the first three quarters of the year, the latest statistics released by the Financial Supervisory Commission yesterday showed.
As of the end of September, the cumulative amount of China-bound investment had reached NT$600.5 billion (US$18.6 billion), up NT$22.7 billion from the end of the first half of this year, or NT$68.8 billion from the end of last year, the data showed.
The number of Taiwanese publicly traded companies that invested in China rose to 840, up by five from three months earlier, or 28 from the end of last year, it showed.
Meanwhile, funds repatriated to Taiwan from these Chinese investments amounted to NT$46.5 billion in the first nine months of the year, equivalent to 7.74 percent of the nation's total investment in China. That was up NT$5.2 billion from the end of last year and from the total of NT$45.7 billion at the end of June this year.
The bulk of the funds repatriated came from high-tech companies, the commission said.
However, many believe that Taiwanese investment in China may be far higher than the reported figures after taking personal investment into account.
Democratic Progressive Party Legislator Lin Chung-mo (
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