Mon, Jun 28, 2004 - Page 10 News List

China unlikely to act on sanctions threat: analysts

TOO RISKY Researchers say that sanctions against Taiwan would also harm China's economy, taking into account the nation's rising investments there

AFP , TAIPEI

Leaders of several domestic conglomerates, who publicly threw their weight behind Chen in the 2000 presidential polls, were reluctant to do so in the March election after their busines-ses in China were harassed, Tung noted.

The latest instance was when the People's Daily, Beijing's mouthpiece, in late May branded Hsu Wen-long (許文龍), the head of Taiwan's Chi Mei Group (奇美集團), persona non grata over his perceived support for the nation's independence.

Shi retired as the group's chairman, and his successor said Chi Mei would "not talk about politics within the next 50 years."

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