China threatens Taiwan with more trade measures, slams President Lai's speech
China Taiwan
China’s ministry of commerce, on Saturday (Oct 12) said it is studying further trade measures against Taiwan, days after Beijing slammed Taiwanese President Lai Ching-Te's speech.
Taiwan's ruling party, the Democratic Progressive Party (DPP), has not taken any practical measures to lift "trade restrictions" on mainland China, the Chinese ministry said in a statement.
“At present, relevant departments are studying further measures based on the conclusions of the investigation into trade barriers from Taiwan (against mainland China),” it stressed.
Lai on Thursday (Oct 10), at his keynote National Day speech, said that the People's Republic of China had no right to represent Taiwan, but that the islandwas willing to work with Beijing to combat challenges like climate change, striking both a firm and conciliatory tone.
After Lai's speech, China's Taiwan Affairs Office said hisspeech promoted "separatist ideas" and incited confrontation.
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The office later responded to the announcement related to trade measures, by saying that the fundamental reason behind the trade dispute was the "DPP authorities' stubborn adherence to the stance of 'Taiwan independence'".
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“The political basis makes it difficult for cross-Strait trade disputes to be resolved through negotiation,” it added.
China has always viewed Taiwan as its own territory, and has detested Lai as a "separatist".
Lai and his government rejected Beijing's claims and said that only Taiwan's people can decidetheir future.
Notably in May, China reimposed tariffs on 134 items it imports from Taiwan after Beijing's finance ministry said it would suspend concessions on the items under a trade deal because the island nation had not reciprocated.
(With inputs from agencies)
