Cross-Strait investment up in first 10 months – China

TAIPEI, Nov. 21 (Xinhua) — The total cross-Strait investment by mainland and Taiwan enterprises rose significantly in the first 10 months of this year, according to the island’s economic affairs department. From January to October, investment in the mainland by Taiwan enterprises increased by 47 percent year on year to 4.71 billion U.S. dollars, the department said in a press release earlier this week. In October alone, the authority approved investment projects involving 490 million U.S. dollars, up 29 percent year on year. The top five destinations for investment from Taiwan were Jiangsu, Fujian, Shanghai, Zhejiang and Guangdong, the statement…