Foreign companies in Taiwan have started to make a pre-China invasion plan ahead on how they would escape financial loss, so as not to face the same fate as those in Russia.
While China continues to intensify its military drills around the Strait of Taiwan, foreigners and company owners have started to look for alternatives on how to go about should China fully attack.
The continuous military drills by the People’s Liberation Army (PLA) have made some companies to sketched up emergency plans to safeguard the lives of people and properties in case of a military blockade.
With Beijing keen on its “One-China Policy” and attempt to tamper with the unity of China will be dealt with severely, a principle which China upheld to its core against Taiwan, whom they are ready to unify with force if needed.
As the tension keeps piling up, the companies in Taiwan are initiating a better plan to see to the geostrategic shift in the supply chain if Taiwan is blockaded militarily.
According to the report, the rising tension is encircled by the un-surety of peace in the Taiwan strait and a lack of good options over what to do should their supply chains be disrupted.
While some companies are still healing from the loss of assets worth billions of dollars in Russia due to the war, they’re more meticulous at present as to the situation between China and Taiwan so as not to suffer the same fate.
With foreign investment in Taiwan up to 729 with a total combined worth US$3.1 billion in the first quarter of the year, it would be a huge loss to them should another Russia situation occur again.
Analysts stipulate that, should China invade Taiwan, the good business atmosphere on the island would remain the same as China would unlikely seize foreign assets in Taiwan owing duly to their investment in Europe and the U.S. which might be sanctioned.