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Taiwan Businesses Support Reduction In Economic Dependence On Mainland China – CSIS Survey

Apple supplier Hon Hai Precision Industry is one of the largest Taiwan investors in the mainland. … [+] Photographer Lam Yik Fei/Bloomberg

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Taiwan companies support a reduction in the island’s dependence on mainland China, according to a survey released today by U.S.-based Center for Strategic and International Studies. More than half with business there are considering or have already moved production or sourcing away from the mainland, the center found.

The survey was conducted during July 25-August 1 before military exercises by the People’s Liberation Army around Taiwan following a visit to Taipei by U.S. House of Representative Speaker Nancy Pelosi in August.

Some 76% of the 525 survey respondents agreed with the statement: “Taiwan needs to reduce its economic dependence on mainland China,” while only 21% percent disagreed, CSIS said.

“It appears this conclusion is affected by…

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