Xie Jinhe: The Empty City of Pingtan, a Testing Ground for Cross-Strait Relations, Taiwanese Investment in Fujian Plummets by 80%

Reported 12 months ago

Xie Jinhe, chairman of Wealth Magazine, commented on the recent in-depth report by the Financial Times on Pingtan Island in Fujian, once seen as a frontline for cross-strait exchanges now turned into a ghost city. He highlighted the significant drop of 80% in Taiwanese investment in Fujian last year due to increased pressure from mainland China post-520 incidents. The situation in Pingtan serves as a noteworthy case study, showcasing the impact of strained cross-strait relations on China's economy.

Source: YAHOO

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