China says it will not allow supporters of Taiwan independence to make money on the mainland

Cross-strait tensions have spilled into the business arena. Taiwan has fired back at China’s vow to punish businesses found to have links to the Taiwanese independence movement. Beijing has said it will never allow any person or company to make money on the mainland while providing financial support to pro-independence activists. The Chinese mainland and Hong Kong are Taiwan’s biggest export destinations, accounting for 40% of the island’s total shipments in October 2021.

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