Part 13/16:
Taiwanese capital outflows from China have reached a historic low, with foreign investments falling to just 2.7% of their previous levels. Companies like Jingpa Electronics — once a major employer in Dongguan—have announced closures and shifted manufacturing operations to Thailand. This is part of a decade-long trend driven by US-China trade tensions, rising geopolitical risks, and increasing production costs in China. For example, Apple has moved 40% of iPhone production to India, marking a significant shift that has impacted local Chinese manufacturers like Foxconn.