Taiwan Economic News: SARS Changes Taiwan Firms' Biz Concept Toward Mainland
Taipei, May 12, 2003 (CENS)--A majority of Taiwan business owners and
executives have changed their concept of risk concerning mainland China since
the outbreak of severe acute respiratory syndromes (SARS), according to results
of a poll released yesterday The poll, conducted by the monthly magazine Commonwealth in owners and
executives of Taiwan's top 1,000 enterprises, found 60% of Taiwan firms have
experienced an impact as a result of the SARS outbreak in mainland China, Hong
Kong and Taiwan. More than 70% of the respondents said they now have a different
concept of business risk regarding mainland China in the wake of the initial
cover-up of the epidemic by mainland authorities, their subsequent
under-reporting of the number of SARS cases, and the increasing number of people
dying from SARS there. Almost all of the corporate owners
and executives said that in the future, epidemic and disease will be added to
their firms' "management of risks" regime, the survey showed. Over 32% said the
fact of mainland Chinese officials' cover-up or under-reporting of SARS deaths
and transmissions has prompted them either to minimize their production scale in
mainland China or halt new investment plans there. Some 40% said they have begun to consider relocating part of their manufacturing
operations out of mainland China to other countries, including Taiwan, according
to the poll.
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