TAIWAN VISIT: Impact on Czech Businesses

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About the survey:

The survey was organized by CzechCham. Between 22nd and 28th October 2020, a total of 13 Czech companies active in the China market participated in an anonymous flash survey on the impact of Czech Senate leader’s official visit to Taiwan. At the beginning of September 2020, Czech Senate leader Milos Vystrcil officially visited Taiwan, where he proclaimed “I am Taiwanese”, which caused backlash from China. This survey aimed to investigate the potential impact of the visit on Czech businesses in China and with China.

Here is what we found:

The results of the survey show rather optimistic outlook regarding the impact of Czech Senate leader’s September visit to Taiwan, as majority of respondent companies haven’t suffered any impact so far, with no significant predicted impact on revenues in 2020/2021, nor they think the event will cause any long-term damage to their company’s trade (business) with China in the future.

You can download the full report here.