China offers more access for Taiwan firms, Taiwan warns of a trap

Date: November 4, 2019

BEIJING/TAIPEI (Reuters) – China unveiled measures on Monday to further open its markets to firms from self-ruled Taiwan, including capital raising, as Taiwan warned its people not to be taken in by moves at “enticement” ahead of a January presidential election.

China claims democratic Taiwan as its own and has stepped up pressure on the strategically located island since President Tsai Ing-wen assumed office in 2016, fearing she wishes to push for its formal independence, a red line for Beijing.

As well as flying regular patrols of air force jets around Taiwan and forcing foreign companies to refer to Taiwan as part of China on their websites, Beijing has targeted Taiwanese firms in what it says are steps to make their life easier in China.

Taiwan says this has political aims.    [FULL  STORY]

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