Taiwan can’t keep sending Chinese money to its rivals

Want China Times
Date: 2015-06-11

Alibaba Group founder and executive chair Jack Ma is eager in to expand his business in both

Jack Ma speaks in Seoul on May 18 on the opening of Tmall's Korea Pavilion. (File photo/Xinhua)

Jack Ma speaks in Seoul on May 18 on the opening of Tmall’s Korea Pavilion. (File photo/Xinhua)

Taiwan and South Korea, but the two countries have responded in opposite ways.

Alibaba and its Taobao units have been determined by Taiwan to be Chinese-invested ventures, instead of foreign companies as they claimed, and were ordered to shut down their local operations in March and May, respectively.

On the other hand, after launching its Taobao platform in South Korea, Ma and South Korea’s deputy prime minister Choi Kyoung-hwan jointly unveiled a national pavilion for South Korea on the Alibaba website on May 18.

This demonstrates how Taiwan has remained strict on the entry of Chinese investors who are welcomed elsewhere around the world.     [FULL  STORY]

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