TAIPEI – Foxconn founder Terry Gou said Taiwan's businesses are hoping for continued peace between the US and China amid increased tensions between the two nations.

In an interview with Bloomberg while visiting Kinmen Island to commemorate the 65th anniversary of the second Taiwan Strait crisis, the Taiwanese business figure warned of the potential impacts a war could have on the world's ecomomy.

"From a business point of view, we want peace and then we can close on business and technologies," he said. "If you get a war, worldwide, economically, is huge damage."

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