US business group claims that Chinese military exercises around Taiwan had little effect

China: A majority of members polled by the American Chamber of Commerce (AMCHAM) in Taiwan said recent Chinese military exercises around the island had not affected them significantly, but they had raised concerns, the organization said on Friday. .

Since US House Speaker Nancy Pelosi's visit to Taiwan earlier this month, China, which considers Taiwan its territory, has been holding war games and drills.

According to AmCham Taiwan, 126 of its 529 members took part in the survey from 8-17 August.

While 17% of respondents claimed their business had been disrupted, including high shipping or insurance costs or supply chain delays, 77% said their business had not been significantly impacted.

According to a statement, about 50% of the 17% claimed that the disruption was due to "changes in policies or other expressions of concern from their offshore headquarters".

Looking ahead, the group found that 46% of companies surveyed had predicted an increase in military activity this year and an impact on their operations next year, while the remaining 46% were either unsure or did not expect to be affected. .

Companies that were questioned about their "spectrum of threats" listed general stress as their top concern, along with misinformation campaigns, sanctions or "barriers on the periphery of Taiwan". , travel restrictions, boycotts, and sanctions against Taiwan's goods and people.

According to the group, the average level of concern for respondents about serious action being taken against Taiwan over the next 24 months was 2.8 on a scale of one to five, with one showing no concern and five showing great concern.

According to AmCham Taiwan President Andrew Waylegala, the group has an ambitious plan to intensify economic cooperation with Taiwan through a 21st-century trade initiative, a new framework for Taiwan-US trade negotiations, and eventually a bilateral trade agreement. advocating for.

Recent developments "underscore the important fact that Taiwan's economic relationship with the United States is also a security issue, and the importance of supporting Taiwan's resilience through rapid economic cooperation and integration," he continued.

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