Taiwanese investments in US state properties also reached record levels in 2024.
Taiwan’s retail merchants bought a pure record amount of American assets last year. The reason is that households are beyond traditional insurance products finding higher income, Bloomberg reports.
Retail investors invested nearly 105.5 billion Taiwanese dollars ($ 3.2 billion) in American promotions, funding and bond exchanges in 2024. Such indicators are a maximum historical, according to the Taiwanese Association of Securities.
Taiwann investments in three United States state ownership also reached record levels in 2024.
Reorientation for foreign instruments also occurs in other parts of Asia: in Japan, retail investors for sharing foreigners share significant pressure with Yen.
Remember that China for the second time in recent days has imposed sanctions against US defense companies “to protect national sovereignty, security and interest.” The reason is that they are involved in the sale of Taiwan weapons.
We added that after American authorities saw TSMC chips on Huawei technology, the US introduced new export restrictions for the Taiwanese company.
Source: korrespondent
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