China threatens Taiwan with more trade measures after denouncing president's speech

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A presumption of the cityscape up connected Jan. 12, 2024, successful Taipei, Taiwan. 

Annice Lyn | Getty Images News | Getty Images

China is studying further commercialized measures against Taiwan, the Ministry of Commerce said connected Saturday, 2 days aft Beijing slammed a code by Taiwan President Lai Ching-Te.

The Democratic Progressive Party, Taiwan's ruling party, has not taken immoderate applicable measures to assistance "trade restrictions" connected mainland China, the commerce ministry said successful a connection connected its authoritative website.

"At present, applicable departments are studying further measures based connected the conclusions of the probe into commercialized barriers from Taiwan (against mainland China)," it added.

China, which views democratically governed Taiwan arsenic its ain territory, detests Lai arsenic a "separatist". Lai and his authorities cull Beijing's sovereignty claims, saying lone Taiwan's radical tin determine their future.

On Thursday astatine his keynote nationalist time speech, Lai said the People's Republic of China had nary close to correspond Taiwan, but that the land was consenting to enactment with Beijing to combat challenges similar clime change, striking some a steadfast and conciliatory tone, drafting choler from China.

The Saturday announcement from China's commerce ministry could portend tariffs oregon different forms of economical unit against the land successful the adjacent future.

China's Taiwan Affairs Office, which connected Thursday said that Lai's code promoted "separatist ideas" and incited confrontation, responded to the announcement by saying the cardinal crushed down the commercialized quality was the "DPP authorities' stubborn adherence to the stance of 'Taiwan independence'".

"The governmental ground makes it hard for cross-Strait commercialized disputes to beryllium resolved done negotiation," it added.

In May, China reinstated tariffs connected 134 items it imports from Taiwan, aft Beijing's concern ministry said it would suspend concessions connected the items nether a commercialized woody due to the fact that Taiwan had not reciprocated.

The Cross-Strait Economic Cooperation Framework Agreement (ECFA) betwixt China and Taiwan was initially signed successful 2010 and Taiwanese officials had antecedently told Reuters that China was apt to unit Lai by ending immoderate of the preferential trading presumption wrong it.

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