Taiwan's Hon Hai founder Guo Taiming posted on a social platform on Wednesday (August 2) that if there is a war in the Taiwan Strait, it only takes 10 seconds for the Wall Street stock market to crash.
Gou wrote on Facebook that he had talked with author Thomas Friedman during his earlier visit to the United States.
Guo Taiming said: "Taiwan's role in the world economy is far more important than Ukraine. As long as there is a war in Taiwan, from a military point of view, it may be able to withstand three months, but the impact on the world economy is huge. The impact on order is immediate—we all agree that if a war breaks out in the Taiwan Strait, the world's financial markets will not be able to withstand the impact of a tsunami."
He believes that if a war broke out in the Taiwan Strait, it would take only ten seconds, not even an hour, for the Wall Street stock market to crash and the world to turn upside down.
Guo Taiming also said: "I also told him that Taiwan's mainstream public opinion is for peace and not for war. More than two-thirds of the middle voters choose peace. After all, the devastating blow to the world economy caused by the Taiwan Strait war is immeasurable. "
He also wrote: "World-renowned trend observers are so concerned about Taiwan's role in the Sino-US struggle. My generation should work harder to pursue peace and contribute to the common prosperity of all mankind."
