U.S. House Speaker Nancy Pelosi’s visit to Taiwan last week may well have inflamed already-strained relations between the U.S. and China and China and Taiwan. But lawyers say local and foreign businesses in Taiwan are not panicking, as they are very familiar with the risks and challenges that come with operating in Taiwan.

“The reaction within Taiwan is actually quite muted as they’ve been putting up with cross-strait stress over the course of 70 plus years,” said John Eastwood, a partner at Taipei-based Eiger, a full-service law firm that also has an office in Shanghai.

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