The trend of Taiwanese companies reducing their presence in mainland China has been more noticeable in recent years, although the COVID-19 pandemic reversed that trend. Investment in China by Taiwan-based firms reached US$11 billion in 2015, but by 2019 that figure dropped to US$4.2 billion. By 2021, it managed to recover to US$5.9 billion, growth attributed to China becoming more attractive to invest in during the pandemic, according to data from the China Macro Economy. However, given the growing political conflicts between