Sino-Taiwan tensions escalate, increasing reports of serious business disruptions, US companies in Taiwan
By the 12th, the latest survey results showed that the number of American companies in Taiwan reporting that they had faced serious obstacles in business development due to the increased tension between China and Taiwan had nearly doubled.
The survey is conducted annually by the American Chamber of Commerce in Taiwan, and the number of companies that have experienced serious trouble increased sharply from 17% to 33% in the August-December period last year.
214 member companies participated in this survey.
In August of last year, then US House Speaker Nancy Pelosi visited Taiwan, and China, in response, took retaliatory measures by launching large-scale military exercises around Taiwan.
According to the Chamber of Commerce, these business disruptions were caused by increased shipping, insurance and financial costs, and heightened anxiety among employees.
About half of the companies surveyed also said they had contingency plans in the face of escalating tensions in China-Taiwan relations.