The repercussions of Pelosi’s visit to Taiwan are being felt around the world as countries and companies remain on their toes

The repercussions of U.S. Speaker of the House of Representatives Nancy Pelosi (D-CA)’s controversial and high-profile visit to Taiwan on Tuesday are being felt in countries and businesses around the world as tensions rise in the prospect of a world war.

China issued several warnings in the weeks leading up to Pelosi’s visit to Taiwan, which the communist country strongly condemned.

Last week, Chinese President Xi Jinping warned US President Joe Biden in a historic two-hour phone call saying “those who play with fire will only be burned”, referring to potential US support for the island’s independence.

Although the House Speaker’s trip to Taiwan lasted less than a day, it drew strong reactions from countries around the world who understood the geopolitical impact of the visit of one of the highest American officials on the island and pledged that his support for Taiwanese democracy remained “ironclad”.

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Pelosi reiterated his commitment during his visit to japan on Thursday, where she told a press conference at the US Embassy in Tokyo that China “might try to prevent Taiwan from visiting or participating in other places,” but that “wouldn’t would not isolate Taiwan by preventing us from traveling there”.

“We will not allow them to isolate Taiwan,” she stressed.

China’s reactions

On Friday, a spokesperson for the Ministry of Foreign Affairs of the People’s Republic of China issued a statement announcing sanctions against House Speaker Pelosi.

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“In defiance of China’s grave concerns and strong opposition, Speaker of the United States House of Representatives Nancy Pelosi insisted on traveling to the Chinese region of Taiwan,” it read. “This constitutes gross interference in China’s internal affairs. It seriously undermines China’s sovereignty and territorial integrity, seriously undermines the one-China principle, and seriously threatens peace and stability in the Taiwan Strait. In response to Pelosi’s blatant provocation, China decides to adopt sanctions against Pelosi and his immediate family members in accordance with the relevant laws of the People’s Republic of China.

China has bolstered its military presence in the region since Pelosi’s visit, sending a registration number of planes toward the center line running down the Taiwan Strait on Friday.

“[We] condemn the communist army for deliberately crossing the middle line of the strait and harassing the sea and air around Taiwan,” Taiwan’s Defense Ministry said in its latest statement after Beijing’s deployment. 68 Chinese fighter planes and 13 warships in the area that day.

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China also announced that the country would be interrupt the dialogue with the United States in several areas, including between military commanders at the theater level and regarding the climate crisis.

Despite China’s aggressive rhetoric and military responses, Wu’er Kaixi, who was a former student leader during China’s 1989 Tiananmen Square democracy protests, said Reuters in an interview that Pelosi’s visit to Taiwan is a clear victory for the island and was not as threatening to relations with China as expected.

“Nancy Pelosi came to Taiwan with such notoriety, made sure the world saw her, and then made sure the U.S. military and regional defense forces all came forward and said we were going to die. protecting our president,” Wu’ said. uh.

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“The whole world has seen the United States change. How did China respond to that? military exercise; nothing they haven’t done before.

Wu’er added that even though the military exercises are on a “more chilling scale”, they are still just exercises and there is no “imminent military threat”.

The 1,000 missiles that are currently aimed at Taiwan are nothing new, Wu’er concluded, reminding viewers that it has been that way for three decades.

Companies are cautious

the old Tiananmen Square The protest leader’s views were not shared by all, as other countries and companies took extra precautions to avoid stirring up more drama around this sensitive issue.

On Friday, tech giant Apple told its suppliers to strictly respect Chinese customs regulations that parts from Taiwan be labeled as being made in either “Taiwan, China” or “Chinese Taipei”.

In another case, food company Mars Wrigley apologized Friday for its latest Snicker bar ad, which counted Taiwan as a country.

During a promotion for a limited-edition Snickers bar, the video stated that the product was only available in the “countries” of South Korea, Malaysia and Taiwan.

Mars Wrigley posted a statement of apology on their Snickers China Weibo account, saying the affected material had been edited:

“Mars Wrigley respects China’s national sovereignty and territorial integrity and conducts its business activities in strict accordance with local Chinese laws and regulations.”

Some Chinese netizens, however, were unhappy with the apology, unhappy that the company’s statement did not explicitly claim Taiwan as part of China.

“Say it: Taiwan is an inseparable part of Chinese territory!” wrote a user whose comment received more than 8,000 likes.

Likely war?

In response to China’s increasingly aggressive military exercises, Taiwan and its people have also taken action.

On August 5, Taiwanese microchip tycoon Robert Tsao, 75, promised $100 million at the Taiwan Department of Defense after China launched an aggressive series of missile drills the day before.

At a press conference, Tsao urged Taiwanese residents to “see through the evil nature of the Chinese Communist Party”, according to Taiwan News.

Tsao’s two sons, one of whom recently completed mandatory military training and another who will enter training during the upcoming summer vacation, would both fight in the People’s Liberation Army (PLA) if China were to invade Taiwan.

Japan was also on high alert after five Chinese ballistic missiles landed in waters near Japan’s southwestern islands on Thursday, the nearest of which landed about 80 kilometers north-northwest of Yonaguni Island, which is in the country’s exclusive economic zone.

With around 1,700 residents, residents of Yonaguni fear their home is on the front lines of the conflict and could come under attack.

“During the Vietnam War, boat people came here,” said Ryuichi Ikema, director of a history museum on the island. “In the event of a Taiwanese emergency, millions of Taiwanese could come here. We are the nearest island, and I wonder: how can we deal with it?

While it is unclear whether tensions between the United States, Taiwan and China will increase, the conflict is not isolated between the three and will have long-term impacts on the broader geopolitical situation.

Image selected via Guardian News / ABC News

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