Local firms taking risk in ChinaBy Liu Ming-te 劉明德In the short, medium and long term, Taiwanese businesses operating in China are likely to face three major problems. In 2018, China imported more than 80 million tonnes of coal from Australia, or more than 20 percent of total coal imports that year. As a result, Taiwanese businesses operating in China will in the foreseeable future likely experience frequent power outages and must prepare for them to increase in duration. Taiwanese businesses operating in China might therefore come under significantly increased pressure from local governments, including with regard to taxation, environmental regulations and labor disputes. Finally, if Taiwanese businesses operating in China believe that the CCP would not know how much money they have made, then they are naive in the extreme.

Source: Taipei Times October 03, 2021 15:56 UTC