EDITORIAL: China is losing its economic lusterPublicly listed firms repatriated NT$114.4 billion (US$3.72 billion) of investment gains from China last year, a 175.7 percent surge from NT$41.5 billion in 2021 and the most since 2013, data released last month by the Financial Supervisory Commission showed. Previously, listed firms rarely repatriated their investment gains from China, as Beijing imposes strict foreign-exchange controls to curb capital outflows. Taiwanese firms also tend to keep most of their profits in China for further investments. There are three main reasons for Taiwanese listed firms to repatriate their investment gains. Third, China’s economic outlook has become more worrying for Taiwanese businesses, and nervousness over geopolitics has limited their investments there.
