Taiwan announces Thailand investment deal, marking first pact under Lai - Nikkei Asia

Quick Summary:

The pact is the first of its kind since Taiwan's new President Lai Ching-te took office in May.

Taiwan has inked an investment agreement with Thailand in a potential boost for business.

It comes as China has further ramped up pressure and efforts to isolate Taiwan globally, and as Taiwanese businesses increasingly shift investments from China to Southeast Asia.

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Article Details

Author / Journalist: Staff Writer

Category: InvestingFinanceBusiness

Markets: JapanChinaTaiwanThailand

Topics: Boost Content Asia Thailand Taiwan Business Southeast China Investment Pact Nikkei

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 13:29:00 (5 days ago)

News Timezone: GMT +9:00

News Source URL: asia.nikkei.com

Language: English

Article Length: 121 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Nikkei Asia

News ID: 21415682

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