Reported about 1 year ago
On June 15, 2024, Xie Jin-Hu discovered that there was only 1 table of customers at Din Tai Fung in Shanghai at 7 p.m., reflecting a possible economic downturn in China. Xie pointed out that despite talks of war, money is continuously flowing back to Taiwan, indicating Taiwan's economic strength. The stock market in China is plummeting, leading to companies withdrawing investments from the country. Xie also discussed recent investments in Taiwan, such as Amazon establishing data centers there, highlighting Taiwan's attractiveness to multinational corporations.
Source: YAHOO