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Premier says China is pressing firms

China is trying to exert political pressure on Taiwanese companies, Premier Su Tseng-chang (蘇貞昌) said yesterday, criticizing Beijing after it last week fined two Far Eastern Group firms over alleged breaches at factories in China. However, Far Eastern Group chairman Douglas Hsu (徐旭東) warned against what he said was a prevailing tendency in Taiwan to be critical of anything related to China. The Chinese leadership has put pressure on Taiwan and tried to use its economic strength to wi...
T Ai Pei Taiwan Strait Taiwan General Douglas Hsu Su Tseng Chang Zhu Fenglian

Investment scheme to continue - Taipei Times

The government’s Invest in Taiwan initiative would be extended due to demand from Taiwanese businesses and an anticipated wave of reshoring amid an increasing threat of political pressure facing Taiwanese firms in China, Minister of Economic Affairs Wang Mei-hua (王美花) confirmed yesterday. “There are still many projects awaiting approval in the pipeline and we are getting feedback from the business community that they would like the project to be extended,” Wang said. The initiative ...
T Ai Pei Dachran Wu Kung Ming Hsin Economic Affairs Wang Mei Hua National Central University National Development Council

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All eyes on KMT Chairman Chu - Taipei Times

The fines levied against Far Eastern Group in China continue, with China’s Taiwan Affairs Office saying that the total has reached NT$2 billion (US$71.85 million). There are two officially sanctioned reasons coming out of Beijing to explain the fines. The first is that the group contravened environmental and fire safety laws. The second is that Taiwanese independence supporters operating in China are guilty of “biting the hand that feeds them.” Clearly, this is no longer simply a question ...
T Ai Pei Wang Yang Nantou Xian Eric Chu China Taiwan Affairs Office Chinese Nationalist Party

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