Taiwanese businessmen on the mainland have shown little concern over the latest cross-strait political crisis, according to a magazine editor. 'The majority of Taiwan businesspeople believe there is no real danger coming from the situation. They feel it is just a war of words,' said Li Shaozhuang, editor-in-chief of the Chinese-language publication Taiwan Business. Backed by Taiwanese investors, the new Hong Kong-based monthly covers business and social trends among the 500,000 Taiwanese living on the mainland. Taiwanese are estimated to have more than US$80 billion invested in businesses on the mainland. Mr Li, a mainlander, said most Taiwanese businesspeople he had spoken to thought commercial links would continue to flourish, regardless of the central government's recent threats of war if Taiwanese President Chen Shui-bian pushed for a new constitution and public referendums. He said Taiwanese businesspeople believed Mr Chen's plans for constitutional reform were political manoeuvring and he would not go through with them if re-elected next March. Mr Li added that regardless of who was elected, Taiwan's next leader would seek closer business ties with the mainland, including the establishment of direct transport links. According to Taiwan's Board of Foreign Trade, bilateral trade hit US$20.88 billion for the first half of this year, an increase of 22.9 per cent on the same period last year. 'The economies of the two sides are so connected,' he said. 'Taiwanese people are practical. They know what is in their best interests.'