Taiwan tells Taobao e-commerce site to re-register or leave island
TAIPEI: Taiwan gave e-commerce site Taobao Taiwan six months to re-register as Chinese-backed rather than foreign or leave the island, in the government's latest shot against Chinese firms.
Taiwan has stepped up oversight of Chinese investments and the operations of Chinese tech firms on the island and last week said it planned to stop local sales of Chinese Internet television streaming services, though it did not plan to block them.
Taiwan treats investment from foreign countries differently to that from China, with far more stringent rules for Chinese firms.
https://www.channelnewsasia.com/news/business/taiwan-taobao-alibaba-register-foreign-chinese-firm-13048878
#Asia #Taiwan #Taobao
TAIPEI: Taiwan gave e-commerce site Taobao Taiwan six months to re-register as Chinese-backed rather than foreign or leave the island, in the government's latest shot against Chinese firms.
Taiwan has stepped up oversight of Chinese investments and the operations of Chinese tech firms on the island and last week said it planned to stop local sales of Chinese Internet television streaming services, though it did not plan to block them.
Taiwan treats investment from foreign countries differently to that from China, with far more stringent rules for Chinese firms.
https://www.channelnewsasia.com/news/business/taiwan-taobao-alibaba-register-foreign-chinese-firm-13048878
#Asia #Taiwan #Taobao