U.S. firms are increasingly second-guessing their exposure in China and Taiwan for various reasons. Tensions over Taiwan remain elevated after House Speaker Nancy Pelosi’s recent visit, with military exercises on both sides of the Taiwan Strait inching toward live-fire shooting. Meanwhile, Chinese President Xi Jinping’s zero COVID policy continues to cause unexpected and disruptive factory shutdowns, and new U.S. restrictions on imports made with Chinese Uyghur forced labor threatens billions of dollars of U.S. companies’ revenues. For businesses, the COVID shutdowns and new forced labor laws may be the more immediate concerns, but they can find the most efficient path to deal with new
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