Navigating Geopolitical Risk and Commercial Complexity in the World’s Most Combustible Flashpoint
The Taiwan Strait is rapidly approaching a major inflection point – a point at which China’s escalating military and economic assertiveness endangers both high-end semi-conductor manufacturing and critical supply chain integrity.
Taiwan Strait Risk Report is your indispensable one-stop shop for keeping abreast of Taiwan Strait power dynamics in this rapidly changing environment.
Drawing on decades of hands-on experience in the region, we provide penetrating geopolitical intelligence on such crucial issues as China’s increasingly provocative maritime posture in the western Pacific, the future of U.S.-Taiwan strategic cooperation and Taiwan’s rapidly changing political landscape. We also offer in-depth business investigations to help you successfully navigate Taiwan’s lucrative and intrinsically complex commercial ecosystem.
Our Services
Our combination of Actionable Geopolitical Intelligence and Bespoke Commercial Investigations provides clients with unparalleled insights into the dizzying complexities of the Taiwan Strait region. Our analysis of the Taiwan Strait situation is based not only on our decades of assessing economic and political developments in East Asia, but also our inside access to Taiwan/China decision makers in Washington, Taipei and elsewhere in Europe and Asia. Through our regular Risk Ratings and Risk Alerts we are particularly proud of our success in offering clients a nimble approach to staying ahead of cross-strait developments and providing a depth of focus unavailable in other Taiwan Strait information products.
Taiwan Strait Risk Report
Taiwan Strait Risk Report is our principal risk product for the region. It consists of our monthly flagship newsletter; weekly or twice-weekly “risk alerts” or "risk updates" keyed to fast-breaking cross-strait developments; and periodic client consultations calibrated to individual client needs. Sample Report (February, 2026)
We also undertake Bespoke Studies based on individual client requests. Our most popular bespoke item is a practical guide to help businesses and financial institutions plan for the possibility of China taking control over Taiwan. Key Future Business Considerations in the Taiwan Strait is calibrated to meet individual company needs in the region, focusing on specific ways to mitigate Taiwan Strait geopolitical risk going into the short and medium term. Future Business Sample Contents.
In-Depth Commercial Investigations
We provide Entity-Specific Intelligence on Taiwanese Companies and Business Leaders to help Western firms navigate the Taiwan market with confidence. Going beyond standard due diligence, we uncover hidden ownership structures, affiliations, and other material connections, leveraging deep local networks and on-the-ground expertise. We conduct discreet source inquiries and Chinese-language primary research to answer critical questions before major transactions, delivering the clarity needed to make informed decisions in one of the world’s most geopolitically sensitive markets. Defence case study.
We help investors and corporations answer highly specific questions about Counterparties, Partners, and Acquisition Targets they already know well. By combining targeted research with insights from knowledgeable market sources, we uncover information and perspectives that are often unavailable in the public domain. Our work tests investment theses, challenges assumptions, and provides a deeper understanding of key risks and opportunities beyond the scope of conventional due diligence. Hedge Fund case study.
Our Team
Peter Enav is the founder and editor of Taiwan Strait Risk Report. He has spent 17 years living and working in Asia, including nine (2005-2014) as the head of the Taipei bureau of the Associated Press, where he closely monitored Taiwan defence issues and the evolution of the U.S.-China-Taiwan strategic triangle.
While living in Israel in the 1990s, he established the risk consultancy Cosmopolitics Inc., which produced a series of in-depth reports on political stability in major Middle Eastern oil producers for Japan’s Ministry of International Trade and Industry, as well as for Financial Times Energy Publications in London.
Enav has a BA in Asian Studies from the University of Wisconsin, Madison and an MA in Chinese Studies from the University of California, Berkeley. He is a resident of Melbourne, Australia.
Mike Chinoy, Taiwan Strait Risk Report’s consulting editor, is a Nonresident Scholar at the University of California San Diego’s 21st Century China Center. Previously, he spent 24 years as a foreign correspondent for CNN, serving as the network’s first Bureau Chief in Beijing and then as Senior Asia Correspondent.
He has received Emmy, Peabody, and Dupont awards for his journalism. Chinoy is the author of five books: China Live: People Power and the Television Revolution, Meltdown: The Inside Story of the North Korean Nuclear Crisis, The Last POW, Are You With Me? Kevin Boyle and the Rise of the Human Rights Movement, and Assignment China: An Oral History of American Journalists in the People’s Republic.
He holds a BA from Yale University and an MS from Columbia University. He is based in Taipei.
Tony Hu is a retired US Military Officer/Government Official and US Defense Industry Executive.
Tony retired from United States Air Force in 2004 after 27 years of service. He held various positions in the Air Force including Political-Military Affairs Officer, War Plans Officer, Joint Task Force Detachment Deputy Commander, Inter-Continental Ballistic Missile Combat Crew Commander, and Aircraft Maintenance Technician.
After military retirement, Tony became a senior US Defense Official including 2 years as the Senior Director for China/Taiwan/Mongolian Affairs in the Office of the Secretary of Defense, Pentagon and 4 years as the Deputy Chief & Acting Chief of the Security Cooperation Office in the American Institute in Taiwan (AIT), the US Embassy equivalent in Taiwan.
Tony retired from government service in 2011. From 2011-2021, Tony was the Taiwan In-Country Manager for Raytheon Technologies in charge of execution of programs under US Foreign Military Sale such as the Patriot Air Defense system and long-rang Early Warning Radar system.
Tony has a Master’s Degree in Political Science from Auburn University and a Master’s Degree in Aviation Safety/Management from Central Missouri University. He is also a graduate of US Air Force Command and Staff College and Squadron Office School.
Eve Luo is a Taiwan-based researcher and former journalist specializing in cross-strait relations, East Asian geopolitics, and Taiwan's domestic political terrain. As a journalist, Eve reported from Taipei for Japan's Sankei Shimbun and Kyodo News, working the political front lines and building networks inside Taiwan's government and policy circles.
Eve holds an MA from Tamkang University's Graduate Institute of Japanese Studies, where her thesis focused on Japanese government policy toward the semiconductor industry.
Janet Kuo is a graduate in International Relations from National Taiwan University in Taipei. Her research spans U.S.-China-Taiwan relations, geopolitical analysis, and business geostrategy.
She has interned at Deloitte and LINE, and worked in the investment and tech industry.
Taiwan Strait Risk Report is aimed at companies, financial institutions and governments seeking to better understand geopolitical risk in and around the turbulent waters of the Taiwan Strait. Our clients include cutting-edge high-tech firms, OECD foreign ministries, international money managers, shipping concerns, and top-tier IT companies from Silicon Valley. Since we began operations in the summer of 2022, our subscription renewal rate is 100 per cent.
Who Should Subscribe
Case Studies
Defence Case Study
A leading defense contractor engaged us to assess the reputation, business practices, and potential conflicts of interest of a Taiwanese sales agent under consideration for a major military procurement program. Through discreet inquiries with industry sources and targeted public-record research, we uncovered an undisclosed side business by the agent serving our client’s competitors. We also mapped the agent’s role in military offset programs, revealing ongoing involvement in the repair and maintenance of defense systems that the agent had originally helped sell to Taiwan’s armed forces. The findings provided our client with critical insight into commercial risks, competitive exposure, and the agent’s true position within Taiwan’s defense ecosystem.
Hedge Fund Case Study
A hedge fund client sought to understand the future direction of a publicly listed Taiwanese semiconductor company, including its international expansion plans, evolving group structure, and the chairman’s ability to execute his vision. Through interviews with well-placed industry sources, we identified the company’s strategic priorities, assessed the chairman’s level of internal support, and uncovered a previously unrecognized investor operating behind a network of opaque holding companies. Although largely absent from public view, this investor possessed the influence and position to challenge the chairman’s agenda, if circumstances warranted.
“After reading the report consistently for over a year and a half, I can confidently say that it offers an invaluable asset in navigating a complex subject, delivering a concise and precise summary, and simplifying endless details into a coherent and insightful picture. The accessible format of the report provides bold numerical assessments as well as presenting scenario-specific insights, with compelling analysis and context."
Maya Yaron, Director
Israel Representative Office, Taipei
Testimonials
“I just read the latest Taiwan Strait Risk Report issue and it’s excellent. It's a great synthesis and update of everything that's relevant to observers focused on these issues. Very well researched and most critically, with the risk index, timely. I recommend it highly to anyone who trades with, lends to, or is investing in the region.”
Stephen Kay, Managing Director
Marsh Credit Specialties, New York, USA
“Peter and Mike are some of the sharpest thinkers in the geopolitical risk space.
The Taiwan Strait Risk Report provides crucial and trenchant analysis so that investors and regulators can make informed decisions about the world’s most important flashpoint.”
Isaac Stone Fish, CEO and founder
Strategy Risks
Taiwan Strait Risk Report in the News
“President Trump likes winners, and right now Lai doesn’t look like anything of the sort,” Peter Enav, editor of the Taiwan Strait Risk Report, a monthly newsletter focusing on cross-strait political and military developments, told me.”
Karishma Vaswani, Columnist, Bloomberg, July 31, 2025
"The Taiwan Strait Risk Report, a consultancy, foresees a 30 percent chance of a Chinese invasion in the next five years, and a 60 percent possibility of an air and naval blockade of the island."
Nicolas Kristof, Columnist, New York Times, January 17, 2026
Events and Speaking Engagements
Upon request we speak at executive-level briefings, conferences and private round tables. In recent months we have appeared at the following:
European Chamber of Commerce, Taipei
American Chamber of Commerce, Taipei
Asia CEO Forum, Hong Kong
JP Morgan CEO/CFO conference, Taipei
Propeller Club of Northern California/California Maritime Academy, Oakland/Vallejo
Inland Empire Regional Chamber of Commerce, Ontario, California
The Conference Board, CEO Forum on Taiwan, Singapore