Taiwanese money is pulling out of China fast, a bad sign for China's economy but a boost for Taiwan's own factories and jobs.

• Taiwan's investment in China dropped 59% last year and another 30% in the first half of this year.
• 360 Taiwanese companies have moved investment back home so far this year, according to Taiwan's Straits Exchange Foundation.
• Taiwan expects strong growth this year, while China's first-half growth came in around 4% — and outside analysts doubt even that number is honest.
• Chinese consumers are spending less even in big cities, restaurants and bars are shrinking, and the property market that once drove growth has collapsed.
• Beijing's new five-year plan dangles incentives to lure Taiwanese firms back, but those perks are political and can be pulled at any time.

Outlook: Expect the outflow to continue as Taiwanese firms shift production home or to other countries rather than bet on a market Beijing can switch off.