Once Taiwan opens up to Chinese companies, prices would be driven down and bad quality products would proliferate.
“It’s Taiwanese consumers who will suffer the consequences,” Tsai said.
Interior decorator 66-year-old Tsai Ching-wen (蔡清文) said that most Taiwanese firms are small or medium-sized enterprises, while Chinese corporations are adept at investing a lot of money.
“In this way, Chinese companies and workers will eventually compete for jobs in our trade. Taiwanese firms and laborers will not get any business. We will not be able to survive,” Tsai said.