Denmark is main propeller behind European investments in Taiwan as last year’s investments came in at DKK 24.3bn (EUR 3.26bn). Developments are primarily driven by Ørsted and Copenhagen Infrastructure Partners and the companies’ investment in the Taiwanese offshore wind, writes Danish business daily Børsen. 

Ph.D and associate professor of Chinese studies Mette Thunø is cited saying that she does not believe China will look unfavorably on Denmark’s investment policy.

Friis Arne Petersen, former head of the Danish Foreign Ministry and ambassador in Washington, Beijing and Berlin, also doesn’t believe China is going to react on the Danish capital flows towards Taiwan. He points to the fact that China is among the Taiwanese’s largest trading associates, and that China is also banking heavily on offshore wind.

”These investments are all carried out in a prudent manner and assessed according to the surrounding market economy. I should think that skilled investors and businessmen are behind these decisions and I’m sure the Chinese government understands the business aspects of it. If asked, I’m guessing they would say that ensuring swift technological and economical development in the region is also in their interest.”