China to Punish Corporate Backers of Taiwan’s Independence – Bloomberg

China said it will punish businesses and political donors with links to individuals supporting Taiwan independence, after it fined Taiwanese conglomerate Far Eastern Group.

“Businesses and financial sponsors associated with supporters of Taiwan independence will be penalized according to law,” Taiwan Affairs Office spokeswoman Zhu Fenglian told reporters on Monday, according to a statement from her agency. Zhu said that backers of an independent Taiwan undermine cross-strait relations and risk stability in the Taiwan Strait. 

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China to Punish Corporate Backers of Taiwan’s Independence – Bloomberg

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