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Half of US Firms in Taiwan Expect Chinese Military to Disrupt Operations Through 2023

(Bloomberg) -- Almost half of US companies in Taiwan expect increased Chinese military activity to affect their operations through next year, according to a new survey. Even so,...
Half of US Firms in Taiwan Expect Chinese Military to Disrupt Operations Through 2023 © Reuters Half of US Firms in Taiwan Expect Chinese Military to Disrupt Operations Through 2023

(Bloomberg) -- Almost half of US companies in Taiwan expect increased Chinese military activity to affect their operations through next year, according to a new survey.

Even so, nearly three quarters of firms said they’d not been significantly impacted by the recent Chinese exercises following the visit by US House Speaker Nancy Pelosi to the island, according to a survey of 126 US companies conducted by the American Chamber of Commerce in Taiwan.

Only a handful of those companies said that they had experienced supply chain delays or increased shipping and insurance costs, with some of them saying the disruptions had been caused by “changes in policies or other manifestations of concern from their offshore headquarters,” according to a statement from AmCham.

After Pelosi’s visit, China responded by sending warships and aircraft and fired missiles into the strait and over the island, engaging in what Taipei characterized as a simulation of an attack. The mainland also banned some imports and sanctioned officials in the US and Taiwan, but with China dependent on tech imports from the island, the economic fallout has so far been very limited.

“These actions are part of an intensified pressure campaign by the PRC against Taiwan, which we expect to continue to unfold in the coming weeks and months,” Daniel Kritenbrink, US assistant secretary of state for East Asian and Pacific affairs, said in a Thursday briefing, using the abbreviation for the People’s Republic of China, the formal name of the mainland.

After decades of experience of political tensions, most people in Taiwan went about their business largely unperturbed by the Chinese saber-rattling and threats. The US business community reacted similarly, with the respondents to the survey not indicating an extreme level of concern about serious action being taken against Taiwan over the next 2 years. On a scale of one to five, where one was “not concerned at all” and five was “extremely concerned,” the average level of concern was 2.8.

The US and Taiwanese governments announced Thursday the start of long-planned trade talks, which the American business community has been advocating for years. However, any talks are likely to take a long time, and an agreement on bolstering bilateral trade may end up being more symbolic than substantive, given reticence in both major US political parties to embrace free trade agreements.

We have “been calling for an ambitious agenda to accelerate economic cooperation with Taiwan,” AmCham Taiwan President Andrew Wylegala said in the statement. “Developments in recent weeks underscore the importance of supporting Taiwan’s resilience through stepped-up economic collaboration and integration, and the crucial fact that Taiwan’s economic relationship with the United States is also a security issue.”

©2022 Bloomberg L.P.

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29-09-2022 05:15:46 (UTC+7)

EUR/USD

0.9732

-0.0002 (-0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

EUR/USD

0.9732

-0.0002 (-0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

GBP/USD

1.0875

-0.0013 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (11)

USD/JPY

144.15

-0.01 (-0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

AUD/USD

0.6518

-0.0004 (-0.06%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (6)

USD/CAD

1.3611

+0.0006 (+0.04%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (10)

Sell (0)

EUR/JPY

140.29

-0.04 (-0.03%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

EUR/CHF

0.9498

-0.0003 (-0.03%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (4)

Gold Futures

1,667.50

-1.20 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Silver Futures

18.887

-0.023 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (8)

Copper Futures

3.3825

+0.0010 (+0.03%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (0)

Crude Oil WTI Futures

81.83

-0.02 (-0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (7)

Brent Oil Futures

87.98

+3.11 (+3.66%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Natural Gas Futures

7.018

-0.009 (-0.13%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (6)

US Coffee C Futures

227.80

+3.45 (+1.54%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

Euro Stoxx 50

3,335.30

+6.65 (+0.20%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (2)

Sell (5)

S&P 500

3,719.04

+71.75 (+1.97%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

DAX

12,183.28

+43.60 (+0.36%)

Summary

Neutral

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (1)

Sell (4)

FTSE 100

7,005.39

+20.80 (+0.30%)

Summary

Neutral

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (0)

Sell (6)

Hang Seng

17,250.88

-609.43 (-3.41%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (2)

US Small Cap 2000

1,725.13

+62.62 (+3.77%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (3)

IBEX 35

7,442.20

-3.50 (-0.05%)

Summary

Neutral

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (5)

BASF SE NA O.N.

39.415

-0.080 (-0.20%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Bayer AG NA

48.19

-0.07 (-0.13%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (4)

Allianz SE VNA O.N.

160.72

-3.02 (-1.84%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Adidas AG

130.24

+2.94 (+2.31%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (1)

Deutsche Lufthansa AG

5.772

-0.024 (-0.41%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Siemens AG Class N

99.46

+1.54 (+1.57%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Deutsche Bank AG

7.854

-0.274 (-3.37%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (7)

 EUR/USD0.9732↑ Sell
 GBP/USD1.0875↑ Sell
 USD/JPY144.15↑ Buy
 AUD/USD0.6518↑ Sell
 USD/CAD1.3611Neutral
 EUR/JPY140.29↑ Buy
 EUR/CHF0.9498↑ Sell
 Gold1,667.50↑ Sell
 Silver18.887↑ Sell
 Copper3.3825↑ Buy
 Crude Oil WTI81.83↑ Sell
 Brent Oil87.98↑ Buy
 Natural Gas7.018Sell
 US Coffee C227.80↑ Sell
 Euro Stoxx 503,335.30Neutral
 S&P 5003,719.04↑ Sell
 DAX12,183.28Neutral
 FTSE 1007,005.39Neutral
 Hang Seng17,250.88Buy
 Small Cap 20001,725.13↑ Buy
 IBEX 357,442.20Neutral
 BASF39.415↑ Buy
 Bayer48.19Neutral
 Allianz160.72↑ Buy
 Adidas130.24↑ Buy
 Lufthansa5.772↑ Buy
 Siemens AG99.46↑ Buy
 Deutsche Bank AG7.854↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,410/ 6,510
(0/ 0) # 1,818
SJC HCM6,420/ 6,520
(0/ 0) # 1,831
SJC Hanoi6,420/ 6,522
(0/ 0) # 1,833
SJC Danang6,420/ 6,522
(0/ 0) # 1,833
SJC Nhatrang6,420/ 6,522
(0/ 0) # 1,833
SJC Cantho6,420/ 6,522
(0/ 0) # 1,833
Cập nhật 29-09-2022 05:15:48
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ↀ Giá vàng thế giới
$1,658.83+29.721.82%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V23.26023.720
RON 95-III22.58023.030
E5 RON 92-II21.78022.210
DO 0.05S22.53022.980
DO 0,001S-V24.51025.000
Dầu hỏa 2-K22.44022.880
ↂ Giá dầu thô thế giới
WTI$80.94-1.35-1.67%
Brent$88.24-1.29-1.46%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.580,0023.890,00
EUR22.159,1623.399,49
GBP24.732,3625.786,46
JPY159,76169,13
KRW14,2317,34
Cập nhật lúc 17:55:10 28/09/2022
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