HOMEWARD BOUND: The amount of earnings repatriated from investors in China reached 17.73 percent of their accumulated investments in the nation, a record high
Taipei Times
Date: Sep 13, 2018
By: Staff writer, with CNA
Taiwanese investors in China repatriated more earnings ahead of Beijing’s implementation of the Common Reporting Standard (CRS), Financial Supervisory Commission (FSC) data showed.
The combined earnings repatriated by listed companies on the local main board and the Taipei Exchange (TPE) totaled NT$4.23 trillion (US$137.2 billion), or 17.73 percent of their accumulated investments in China, valued at NT$2.38 trillion as of June, a record high.
Investors in electronics components and rubber-related products repatriated the most funds, the commission said.
The ratio was higher than last year’s 16.9 percent, when listed companies repatriated NT$3.9 trillion, compared with accumulated investment of NT$2.32 trillion, the data showed. [FULL STORY]