Seeking shelter from the US-China trade war and lured by a largely coronavirus-free environment, European companies are pouring money into Taiwan’s technology and renewable energy sectors.

Even as supply chains around the world have been disrupted or ground to a halt, Taiwan’s successful management of the pandemic has meant it is among the few global economies that have not fallen sharply.

Factories have kept running at full speed, meaning European firms are now increasingly looking to partner with Taiwanese firms in complementary sections, officials from Taiwan and several European countries said this week at a well-attended European Union-Taiwan investment conference.
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