December 1, 2021

Choose a side, China tells Taiwan firms as it punishes conglomerate

Choose a side, China tells Taiwan firms as it punishes conglomerate

Choose a side, China tells Taiwan firms as it punishes conglomerate

By Reuters
22 November 2021

EXCERPTS

TAIPEI, Nov 22 (Reuters) – Taiwan firms operating in China need to draw a line between themselves and independence supporters, China’s government said on Monday after punishing a major Taiwanese firm ostensibly for business violations.

China welcomes Taiwanese companies, but does not allow those who support Taiwan independence to earn money in China, the office added.

“The majority of Taiwanese businessmen and enterprises must distinguish right from wrong, stand firm, draw a clear line with the Taiwan independence separatist forces, and take practical actions to maintain the peaceful development of cross-strait relations,” it said.

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