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Chinese mainland punishes pro-secessionist Taiwan companies - superadmin - 11-24-2021

Chinese mainland punishes pro-secessionist Taiwan companies 'for better cross-Straits economic ties, to push reunification'

[Image: 00045e18-21e2-40e3-8cd7-34330196db3b.jpeg]

The Chinese mainland has fined the Far Eastern Group (FEG), a Taiwan-based company operating in several mainland provinces, for violations of business regulations, after the mainland declared that business founders and sponsors who support secessionist Taiwan politicians in the island will be punished. 

Experts from both the mainland and Taiwan said on Tuesday that law enforcement actions need to be accurate and thorough, so the mainland can effectively sanction the real sponsors of Taiwan secessionist politicians and avoid harming the majority of Taiwan companies which are doing business in the mainland. 

Analysts said Taiwan firms will not be scared away from conducting businesses in the mainland because of the huge market and the profitable policies. The actions will only improve economic ties across the Taiwan Straits, to provide a healthier business environment for Taiwan companies operating in the mainland. 

Taiwan business circles in the mainland expressed their support for the anti-secessionist policy and the mainland's law enforcement actions, stressing that companies which have supported the Taiwan secessionists - like the Democratic Progressive Party (DPP) which rules the island - are not the majority of Taiwan firms in the mainland, and they will keep and develop their business and investment to support cross-Straits joint development and the reunification process.

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