Taiwan vice president warns companies could leave China over 'pressure'

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TAIPEI: Economic powerhouse Taiwanese companies based in China may be forced to relocate if they feel "unjustly pressured", the island's vice president warned on Tuesday (Oct 24) after Chinese authorities launched a probe into

Taiwan's Vice President Lai Ching-te said Beijing should "cherish" the island's companies after an investigation was launched into tech giant Foxconn. TAIPEI: Economic powerhouse Taiwanese companies based in China may be forced to relocate if they feel"unjustly pressured", the island's vice president warned on Tuesday after Chinese authorities launched a probe into

The company said on Sunday it would cooperate with relevant authorities"for the operations concerned", without providing further details. "If they grow wary and fearful, losing trust in China, they might gradually relocate their bases to other countries," he said at a press conference.He urged China to"cherish and value" Taiwanese businesses and not to pressure them"every time there is an election, asking them to express allegiance or even to support specific candidates".

The other presidential candidates are Hou Yu-ih of the main opposition Kuomintang party and Ko Wen-je from the small Taiwan People's Party.

 

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