US business group says members see limited impact from Taiwan-China tensions

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TAIPEI : Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent Chinese military drills around the island, but had heightened concerns, the group said on Friday.China, which claims Taiwan as its own territory, has been carrying out the w

TAIPEI : Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent Chinese military drills around the island, but had heightened concerns, the group said on Friday.

AmCham Taiwan said 126 of its 529 members responded to the Aug. 8-17 survey. Seventy-seven percent reported their businesses had not been significantly affected, while 17 per cent said they had experienced disruption, including increased shipping or insurance costs, or supply chain delays. Looking further ahead, 46 per cent of surveyed companies expected increased military activity this year and next would affect their operations, while the rest were either unsure or did not expect to be affected, the group said.

On a scale of 1 to 5, with 1 being not concerned at all and 5 being very concerned, respondents' average level of concern about serious action being taken against Taiwan in the next 24 months was 2.8, the group said.

 

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