The so-called "trade agreement" reached by Taiwan's Democratic Progressive Party (DPP) authorities with the United States will hollow out the foundation of Taiwan's industries, a Chinese mainland spokesman said on Wednesday.
Peng Qing'en, spokesman for the State Council Taiwan Affairs Office, slashed the trade deal signed by the U.S. and the DPP authorities at a weekly press conference.
"The so-called 'trade agreement' reached between the United States and China's Taiwan region is, in essence, a sell-out contract whereby external forces collude with Taiwan secession separatist forces to plunder the hard-earned money of Taiwanese people and hollow out the foundation of Taiwan's industries, thus harming the future of the Taiwanese people and local industries. The massive investment of 500 billion U.S. dollars, about 80 percent of Taiwan's foreign exchange reserves, is actually a political levy from Taiwanese citizens, with every one of them handing over 680,000 New Taiwan dollars to DPP authorities for seeking Taiwan secession through foreign support. If 40 percent of Taiwan's semiconductor production capacity is transferred to the United States, Taiwan's core industrial advantages will vanish, and the 'technology island' will become a 'hollow island,'" said Peng.
"The DPP authorities are attempting at all costs to cover up the terrible price Taiwan has paid, squandering the hard-earned money of its people in exchange for favor with the United States. Their actions of selling out and harming Taiwan are utterly egregious. The outcome of the recent tariff negotiations between the U.S. and China's Taiwan region fully demonstrates that Taiwan secession is a dead end, and external forces cannot be relied upon. Without a strong motherland as its backing, Taiwan can only become a piece of meat and a lamb to the slaughter for external forces," Peng continued.
Mainland says DPP's so-called trade deal with US to undermine Taiwan's core industrial advantages
