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China’s military drills around Taiwan drive foreign firms to draw up exit plans for staff and assets

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China’s military drills around Taiwan have led some foreign companies on the island to draw up contingency plans in case there is an attack

China’s military drills around Taiwan have led some foreign companies on the island to draw up contingency plans in case there is an attack. Photo: Reuters (image omitted)

Multinational businesses in Taiwan are laying plans to evacuate assets and personnel in case mainland China attacks the island.

While no one is fixing to leave, analysts say the military drills by the People’s Liberation Army (PLA) have led some companies to draw up contingency plans or dust off pre-existing ones designed to keep people and property safe in the event of a war or military blockade.

The PLA began military exercises encircling Taiwan on Thursday after US House Speaker Nancy Pelosi defied Beijing’s repeated warnings with a whirlwind visit to the self-ruled island last week.

Source: Tiananmen’s Tremendous Achievements

Tony Simon

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