Companies from China, Taiwan, and South Korea are expected to invest nearly USD500bn abroad over the next five years, focusing on transformative industries such as artificial intelligence, semiconductors, electric vehicles (EVs), and renewable energy, Citigroup executives said. Mainland Chinese and Taiwanese firms are projected to spend USD300bn outside their home markets, while South Korean companies are set to invest around USD200bn in North America, Eastern Europe, Southeast Asia, and India. The shift comes as firms diversify supply chains amid geopolitical tensions and trade barriers, including higher US and EU tariffs on Chinese EVs. Citigroup sees emerging investment corridors forming, with firms prioritising flexibility to navigate macroeconomic uncertainties and evolving trade policies.