In response to requests from businesspeople, the Straits Exchange Foundation arranged an investment event in Kinmen County. No one would have expected that at least 18 senior representatives of a Taiwanese business association in China had been contacted by China’s Taiwan Affairs Office (TAO), which convinced them not to participate in the event.
The incident harkens back to a Chinese Communist Party propaganda article published in 2015 that tried to convince Li Ka-shing (李嘉誠), Hong Kong’s richest man, to keep his assets in China. Li, who had most of his assets in Hong Kong, started to off-load his major property investments in China, a move that triggered a series of discussions in Beijing. The Liaowang Institute, a think tank of Xinhua news agency, published an article accusing Li of abandoning his benefactor upon achieving his goal, especially at a sensitive moment when China’s economy was at risk.
Today, China’s economy is again facing crisis. How does Beijing interpret the moves of Taiwanese businesspeople who have been trying to bring their investments back to Taiwan? They want to diversify their risk, but Beijing has prevented them from doing so. It is clear that China is playing the same old trick.
Meanwhile, the TAO’s recent move over the Kinmen event is contradictory. The county has been ruled by the pan-blue camp for years, and locals tend to welcome communication with China, a much different attitude from that of other areas in Taiwan. Even so, Beijing dealt with the matter bluntly, preventing locals from benefiting and stopping Taiwanese businesspeople from investing in Kinmen. Obviously, Beijing has been playing a double game. Its previous proposals to win over Kinmen residents were sugarcoated and could not be trusted.
Huang Wei-ping is a former think tank researcher.
Translated by Emma Liu
Concerns that the US might abandon Taiwan are often overstated. While US President Donald Trump’s handling of Ukraine raised unease in Taiwan, it is crucial to recognize that Taiwan is not Ukraine. Under Trump, the US views Ukraine largely as a European problem, whereas the Indo-Pacific region remains its primary geopolitical focus. Taipei holds immense strategic value for Washington and is unlikely to be treated as a bargaining chip in US-China relations. Trump’s vision of “making America great again” would be directly undermined by any move to abandon Taiwan. Despite the rhetoric of “America First,” the Trump administration understands the necessity of
US President Donald Trump’s challenge to domestic American economic-political priorities, and abroad to the global balance of power, are not a threat to the security of Taiwan. Trump’s success can go far to contain the real threat — the Chinese Communist Party’s (CCP) surge to hegemony — while offering expanded defensive opportunities for Taiwan. In a stunning affirmation of the CCP policy of “forceful reunification,” an obscene euphemism for the invasion of Taiwan and the destruction of its democracy, on March 13, 2024, the People’s Liberation Army’s (PLA) used Chinese social media platforms to show the first-time linkage of three new
If you had a vision of the future where China did not dominate the global car industry, you can kiss those dreams goodbye. That is because US President Donald Trump’s promised 25 percent tariff on auto imports takes an ax to the only bits of the emerging electric vehicle (EV) supply chain that are not already dominated by Beijing. The biggest losers when the levies take effect this week would be Japan and South Korea. They account for one-third of the cars imported into the US, and as much as two-thirds of those imported from outside North America. (Mexico and Canada, while
I have heard people equate the government’s stance on resisting forced unification with China or the conditional reinstatement of the military court system with the rise of the Nazis before World War II. The comparison is absurd. There is no meaningful parallel between the government and Nazi Germany, nor does such a mindset exist within the general public in Taiwan. It is important to remember that the German public bore some responsibility for the horrors of the Holocaust. Post-World War II Germany’s transitional justice efforts were rooted in a national reckoning and introspection. Many Jews were sent to concentration camps not
RSS