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

7/2/2023 17:56

        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.
        
        In a survey released on Tuesday, which took place between Nov. 15 and Dec. 16, AmCham Taiwan said 33% of respondents said their operations had been "significantly disrupted" by the increase in tensions, compared with 17% when it did a flash survey in August right after China began war games.