Taiwan Needs Business Help to Harden Its Economy Against China

TAIWAN MANUFACTURING ECONOMY GettyImages 1242428083 (1)

China is making no secret of its desire to harm Taiwan by putting the screws to its economy. Beijing could cause enormous harm for relatively little direct cost and without dispatching a single soldier to the island: Companies always worry about disruption and reduce their operations or leave altogether if chaos seems likely. But that doesn’t mean the Taiwanese economy is doomed. Western companies can partner with Taiwanese ones and agree take on key parts of their operations in case of a crisis. Even just striking such deals would signal to Beijing that Taiwan is resilient—and that it has many friends.

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