Taiwan says won't let China firms 'pull a fast one' to get into market | Malay Mail

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TAIPEI, Aug 25 — Taiwan will not allow Chinese companies to “pull a fast one” by using indirect methods to bypass rules and regulations to operate in the island's market, Premier Su Tseng-chang said today. Taiwan already has tough regulations restricting Chinese companies, and has in recent...

Tuesday, 25 Aug 2020 02:46 PM MYTTAIPEI, Aug 25 — Taiwan will not allow Chinese companies to “pull a fast one” by using indirect methods to bypass rules and regulations to operate in the island's market, Premier Su Tseng-chang said today.

Taiwan plans to stop local sales of Chinese internet television streaming services, and this week gave e-commerce site Taobao Taiwan six months to re-register as Chinese-backed rather than foreign or leave the island. Taiwan will “not allow Chinese investment to pull a fast one, making turns at every point, like the government has no control and can't control it,” Su said.Taobao Taiwan has complained it is a totally different company from Taobao China, which is owned by China's Alibaba Group Holding Ltd, and does not fall under the Alibaba group.

 

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