Skip Navigation

Taiwan rejects China's integrated development plan as politicised cash grab

web.archive.org Taiwan rejects China's integrated development plan as politicised cash grab

Taiwan's government on Thursday rejected a plan by China to boost economic integration as a cash grab to boost the country's "deteriorating" business environment and futile bid to win Taiwanese hearts and minds to support the Communist Party.

Taiwan rejects China's integrated development plan as politicised cash grab

Taiwan's China-policy making Mainland Affairs Council said this "unilateral" plan was just another attempt to win over Taiwanese people which would not work.

China is trying to promise equal treatment and economic benefits "as a cover to win over and entice our people and companies to go to the mainland and integrate into its systems, regulations and norms, to accept the Communist Party's leadership", it said. However, China has long offered Taiwan a choice between two pathways - peace and prosperity or war and decline.

China is suffering from economic problems, systemic risks in its financial system and a "deteriorating business environment", the Council added. "This is obviously an attempt to attract Taiwanese funds and talents to mainland China to boost its internal economy."

2
2 comments