April 22, 2024

U.S. firms in Taiwan making ‘contingency’ plans amid China tensions

U.S. firms in Taiwan making ‘contingency’ plans amid China tensions

U.S. firms in Taiwan making ‘contingency’ plans amid China tensions

February 7th, 2023
by Faith Hung

Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or plan to revise their business continuity plans amid tensions with China, while a growing number reported being impacted by those strains.

China, which views democratically-governed Taiwan as its own territory, has been stepping up military drills across the Taiwan Strait since then-U.S. House Speaker Nancy Pelosi visited Taipei in August.

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Reuters

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