China

Taiwanese firm slapped with fines over mainland regulatory violations, Xinhua says



Mainland subsidiaries of a major Taiwanese industrial group have been punished for a range of regulatory and legal violations, including environmental protection rules, state media reported.The action against Far Eastern Group comes amid rising cross-strait tensions, as Beijing vows to resolutely crack down on the pro-independence camp in Taiwan while the self-ruled island fosters closer ties with the US and European Union.The Taipei-based group is a major donor to the island’s election…



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