Taiwanese firms in China keen to cut capital amid rising US-China tensions

Digitimes
By Willis KeDec 7, 2023, 2:59 am254 pts
Amid rising trade and technology disputes between the US and China, Taiwanese companies with subsidiaries in China are undergoing a significant wave of capital reduction, as indicated by tax service experts. US Secretary of Commerce Gina Raimondo's recent remarks on China being the greatest US threat and…

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