HUALIEN, Taiwan — F inancial markets will close and people given the day off work as Typhoon Gaemi barreled towards Taiwan on Tuesday bringing strong winds and torrential rain, with the annual Han Kuang war games curtailed and emergency equipment readied . READ: Taiwan curtails war games as Typhoon Gaemi barrels towards island Gaemi, the first typhoon of the season to affect Taiwan, is expected to make landfall on the northeast coast early evening on Wednesday , according to the island’s Central Weather Administration. Currently categorized as a medium-strength typhoon by Taiwan, it is then likely to move across the Taiwan Strait and then hit the southeastern Chinese province of Fujian on Friday .

C apital Taipei, as well as the neighboring cities of New Taipei, Keelung and Taoyuan, will close schools and give people the day off on Wednesday, with the financial markets also closed. “ Tomorrow, please stay at home,” Taipei Mayor Chiang Wan-an wrote on his Facebook page. “Gaemi, the first typhoon to make landfall this year, continues to strengthen.

” However, TSMC 2330.TW , the world’s largest contract chipmaker, said it expected all its factories would maintain normal production during the typhoon, adding it had activated routine preparation procedures. Some mountainous central and southern Taiwan counties are expected to see total rainfall of up to 1,800 mm (70 inches) during the typhoon, the weather administration said.

The government put more than 1,000 rubber .