CZECH TAIWANESE
BUSINESS CHAMBER

China Daily announced an anticipated ban of representatives participating in the recent business delegation to Taiwan. According to Pavel Diviš, "For China, the effect of these statements on domestic policy is more vital than what response they provoke at the international level. In the Czech Republic, this may be a surprise for those who believed that China does not threaten business with politics.”

Vystrčil helped to open the door to companies in Taiwan and the Asian market. Diviš argues that this visit has brought a breakthrough not only for the Czech Republic but for Europe. It took place at the time of a massive withdrawal of branches of Taiwanese companies from Mainland China, which are currently considering further expansion around the world.

This visit represents a unique opportunity for Czech entrepreneurs, as Taiwan is a world-leading giant in innovation and technology. Furthermore, the core stones of the Taiwanese economy are SMEs, which is a crucial factor for establishing equal partnerships between Czech and Taiwanese companies. Cooperation of enterprises with vast differences in size would not lead to a balanced partnership.

Czech politicians warned that China could respond to this visit by suspending investment in the Czech Republic. “We are more or less creating controversy out of this visit by ourselves. The whole world trades with Taiwan. It is the fourth most innovative and highly exportive economy. We keep assuming that this visit is anti-Chinese, which is absurd.” Diviš argues.

“It makes a lot of sense to deepen our cooperation with Taiwan, as Taiwanese companies employ 18,000 people in the Czech Republic. As far as I know, the Czech-Chinese relations are represented by a few people, we unnecessarily exaggerate this topic”, says Pavel Diviš.