Russia's invasion of Ukraine has foreign investors fleeing Taiwan. Here's why
CNN
War in Europe has triggered a massive flight of capital from an Asian island nearly 5,000 miles away.
Over the last month, Russia's invasion of Ukraine has heightened concerns about the risk that China could increase its military force against Taiwan, triggering what some analysts have described as an unprecedented exodus by overseas investors.
In the three weeks following the invasion, foreign investors dumped shares worth about 480 billion Taiwanese dollars ($16.9 billion), according to Alex Huang, director at Mega International Investment Services, a Taipei-based firm.
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