The Chinese authorities started imposing restrictions on Taiwan after US House Speaker Nancy Pelosi paid a visit to the island.
On Wednesday, August 3, Beijing suspended the supplies of sand to Taiwan. The Ministry of Commerce of the People's Republic of China clarified that the measure was taken in accordance with existing legal regulations.
In addition, on August 3, China announced the suspension of imports of citrus fruits and two types of fish products from Taiwan. The reasons for the temporary restrictions have not been announced, but there is every reason to believe that the economic sanctions are associated with tensions against the backdrop of Pelosi's visit to Taiwan.
In addition to trade restrictions, Beijing sanctioned two foundations in Taiwan for their support for Taiwanese separatists. These are the Taiwan Democracy Foundation and the International Development Cooperation Fund.
"These organizations are associated with separatist elements in Taiwan, (…) they have denigrated our country and tried to influence the international community to violate the One China principle," Taiwan Affairs Office spokesman Ma Xiaoguang said.
The PRC authorities have banned China's mainland organizations, companies and individuals from cooperating with these funds. The sanctions have also affected several Taiwanese companies operating in the fields of energy, medicine, satellite and network technologies, which provided financial assets to those funds.
Management representatives and those responsible for the funding of the above-mentioned funds are no longer allowed to visit mainland China. They are not allowed to cooperate with Chinese enterprises either.
According to Ma Xiaoguang, the actions of Taiwan's ruling Democratic Progressive Party (DPP) and its attempts to isolate the island from mainland China under the guise of foreign political forces are doomed to failure. They will hasten the collapse of President Tsai Ing-wen's rule and plunge the region into a state of deep crisis, he stressed.
"We warn Tsai Ing-wen and the DPP that their provocations to secure the so-called independence of Taiwan with the support of foreign forces (…) will eventually hasten the collapse of the current leadership of the island and cause the region to plunge into a state of great catastrophe," Ma Xiaoguang said.
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