The government has started to investigate whether the activities of Centaline Property, a China-based conglomerate, in Taipei to attract local businesses to invest in China are against regulations, Mainland Affairs Council (MAC) vice chairman David Huang (黃偉峰) said yesterday.
"We sent officials, together with officials from the Ministry of Economic Affairs, to the venue where they were supposed to have had activities today, but we found that they have canceled the schedule," Huang told a press conference.
Huang made the remarks in the wake of reports by Chinese-language newspapers yesterday that an official with Centaline Property invited Taiwanese busi-nesspeople in the catering trade to invest in Kunshan, a city in Jiangsu Province.
"Centaline Property planned to establish a Taiwanese snack street in Jiangsu at the expense of 280 million to 320 million yuan (US$34.65 million to US$39.6 million)," deputy director-general of Centaline Wang Zhenguo (王振國) was quoted as saying.
Wang had said that Centaline was also considering duplicating Taiwan's night markets in cities such as Shanghai and Nanjing after the snack street is finished.
Acting on instructions of Jason Hui (許世壇), the executive director of Centaline Property, Wang came to Taiwan with the purpose to sign a cooperative agreement with a local catering business.
Hui was two years ago prohibited from entering Taiwan for five years, after he publicly encouraged Taiwanese businesses to move to China.
In accordance with regulations, the government prohibits Chinese citizens from promoting any business involving real-estate investments in Taiwan.
A magnitude 6.1 earthquake struck off the coast of Yilan County at 8:39pm tonight, the Central Weather Administration (CWA) said, with no immediate reports of damage or injuries. The epicenter was 38.7km east-northeast of Yilan County Hall at a focal depth of 98.3km, the CWA’s Seismological Center said. The quake’s maximum intensity, which gauges the actual physical effect of a seismic event, was a level 4 on Taiwan’s 7-tier intensity scale, the center said. That intensity level was recorded in Yilan County’s Nanao Township (南澳), Hsinchu County’s Guansi Township (關西), Nantou County’s Hehuanshan (合歡山) and Hualien County’s Yanliao (鹽寮). An intensity of 3 was
Instead of focusing solely on the threat of a full-scale military invasion, the US and its allies must prepare for a potential Chinese “quarantine” of Taiwan enforced through customs inspections, Stanford University Hoover fellow Eyck Freymann said in a Foreign Affairs article published on Wednesday. China could use various “gray zone” tactics in “reconfiguring the regional and ultimately the global economic order without a war,” said Freymann, who is also a nonresident research fellow at the US Naval War College. China might seize control of Taiwan’s links to the outside world by requiring all flights and ships entering or leaving Taiwan
The next minimum wage hike is expected to exceed NT$30,000, President William Lai (賴清德) said yesterday during an award ceremony honoring “model workers,” including migrant workers, at the Presidential Office ahead of Workers’ Day today. Lai said he wished to thank the awardees on behalf of the nation and extend his most sincere respect for their hard work, on which Taiwan’s prosperity has been built. Lai specifically thanked 10 migrant workers selected for the award, saying that although they left their home countries to further their own goals, their efforts have benefited Taiwan as well. The nation’s industrial sector and small businesses lay
Taiwan has activated backup communications for its northernmost territory, the remote and strategically located island of Dongyin (東引), after poor weather conditions apparently shifted the wreckage of a ship onto an undersea cable causing it to break. The vulnerability of undersea communication cables linking Taiwan with its outlying islands has been a persistent cause of concern for Taipei, whose government has on several occasions blamed Chinese ships for intentionally causing damage. Dongyin, home to about 1,500 people, sits in a strategic position at the top of the Taiwan Strait and the island has a heavy military presence. It does not have an
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