Democratic Progressive Party Legislator Chiu Yi-ying (邱議瑩) on Friday urged the government to stem the illegal flow of Chinese investment to Taiwan through Hong Kong.
Chinese investors are often able to evade government investment restrictions by channeling funding through companies registered in Hong Kong, Chiu said, adding that monitoring such investments has been difficult for the Ministry of Economic Affairs’ Investment Commission.
“A large amount of foreign investment in Taiwan has been coming from companies registered in Hong Kong, but where is the capital really coming from?” she said during the legislature’s plenary session. “To Chinese investors, hiring Taiwanese talent is cheap