DPP's separatist moves undermine Taiwan's economy, investor confidence – State Council Taiwan Affairs Office

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, July 16 (Xinhua) — State Council Taiwan Affairs Office spokesperson Chen Binhua on Wednesday warned that the Democratic Progressive Party (DPP) administration's continued attempts to achieve "Taiwan independence" through military buildup and collusion with external forces will inevitably undermine the island's economic prospects and foreign investor confidence.

Chen Binhua made the remarks at a press conference when asked to comment on recent reports that two major Japanese companies have pulled out of a well-known department store in Taiwan.

The move is seen by the Taiwanese public as reflecting growing concerns about rising tensions in the Taiwan Strait and foreign companies "voting with their feet" due to lower expectations for the Taiwan market.

Asked about recent reports in leading international publications including Foreign Affairs and The Economist warning of tensions in the Taiwan Strait, Chen Binhua stressed that the international community is increasingly concerned that Taiwanese President Lai Qingde's radical approach could trigger a crisis.

"More and more foreign experts, scholars and world-renowned periodicals have expressed concern about the situation in the Taiwan Strait," the spokesperson said, adding that the root cause of the current complex and serious situation is the DPP authorities' refusal to recognize the 1992 consensus embodying the one-China principle.

He called on both sides of the Taiwan Strait to make efforts to return cross-strait relations to the right path of peaceful development. –0–

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