The China Post
Date: December 3, 2016
By: The China Post news staff
TAIPEI, Taiwan — Business leaders said Friday the government was creating, not addressing
problems for local enterprises by trying to force through a series of controversial amendments to the Labor Standards Act, arguing the changes would threaten the survival of small and medium-sized enterprises.
Lin Po-feng (林伯豐), chairman of the Chinese National Association of Industry and Commerce, said the Tsai administration was acting “too populist” in pursuing the changes, adding that local enterprises “would not accept” the amendments.
“There has been no such precedent in this world. The government has failed to solve problems and are now creating new problems for local enterprises, especially the small and medium-sized ones.”
Lin said the changes would “increase operating costs for enterprises, undermine their competitiveness and even threaten their survival.” [FULL STORY]