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Drastic hike in Taiwan sanctions on China investments sparks protest uproar

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Drastic hike in Taiwan sanctions on China investments sparks protest uproar

Taiwan’s Ministry of Economic Affairs (MOEA) and Mainland Affairs Council (MAC) have proposed a fine of as high as NT$25 million and up to two years in prison for those who illegally invest in China. Hiking fines from the original NT$1.5 million and adding prison penalties has met with an uproar of protest across the industry.

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