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China shouldn't put pressure on Taiwanese companies: Taiwan's Vice President

News Agencies | Updated on: 26 October 2023, 10:28 IST
Taiwan’s Vice President Lai Ching-te

Taipei [Taiwan]: Taiwan's Vice President Lai Ching-te has said China should not put pressure on Taiwanese companies during an election or else they will move production elsewhere, Voice of America (VOA) reported. Lai was responding to the Foxconn investigation by China.

He said China should "cherish and treasure" Taiwanese companies that are helping it to develop economically.


"During an election, China does not need to put pressure on Taiwanese companies," Lai said, adding that if Taiwanese companies lose confidence in China, they will move production elsewhere.

Chinese tax and natural resources authorities in multiple provinces searched Foxconn's facilities on Sunday, as first reported by China's state-owned Global Times.

This comes as Foxconn's founder, Terry Gou, is expected to qualify to run in Taiwan's January 2024 presidential elections as an independent candidate.

Taiwan is a self-governing island that China claims as its own territory. Foxconn, among the world's largest contract manufacturers, doesn't make anything under its own name. Apple is a key client of the company, which is registered as Hon Hai Precision Industry Co., Ltd. and employs hundreds of thousands of people in its operations throughout China.

China has not disclosed the content or results of the inspections at Foxconn.

Analysts see China's probe as an attempt to intervene in Taiwan's elections by forcing Gou out of the upcoming elections for fear that he will drain votes away from pro-Beijing candidates with a better chance of winning.

Gou has in the past blamed hostility toward China by Taiwan's ruling Democratic Progressive Party (DPP) for the rising tensions between the two countries.

Gou officially announced his candidacy on August 28. The next day, former deputy director of the Taiwan Affairs Office of China Wang Zaixi publicly said Gou's candidacy would further divide the parties opposing the DPP, which could eventually "let Lai Ching-te take advantage."

(ANI)

First published: 26 October 2023, 10:28 IST