Taiwan Mainland investments down

Taiwan-approved mainland projects fell 48% to 289 from a year earlier, with Taiwan-approved first quarter investments in the Mainland declining 6.6% from a year earlier to US$1.27bn, the Wall Street Journal reported. Taiwan's Investment Commission of the Ministry of Economic Affairs said the investments were mostly in electronics, petrochemicals and base-metals sectors in Jiangsu, Guangdong and Zhejiang provinces.