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Article: Investment interest in China flaring up

Article from:
Asian Textile Business
Article date:
August 1, 2001
Author:
Copyright

Textile manufacturers in Taiwan have been interested in investments in China. Investment value is expected to reach NT$17 billion this year. Formosa Chemicals and Fibre Corporation plans to establish an ABS plant and a thermal power plant in Zhejiang Province. Its investment value will be around NT$9.4 billion. Oriental Union Chemical Corp. also plans to invest NT$5 billion for a synthetic fiber material plant. Far Eastern Textile Ltd. plans to increase the production capacity of ...

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