Chinese technology companies are allegedly establishing disguised subsidiaries in Taiwan to attract talented local professionals, in violation of Taiwanese laws that restrict Chinese investments and hiring. The Taiwanese Ministry of Justice disclosed these findings following a detailed investigation. Notable firms like Yunhe Zhiwang have been implicated, with connections to significant data strategies in China. The situation is further complicated by the involvement of companies like SMIC, which poses a national security risk for U.S. allies due to its designation on the U.S. entity list, highlighting the geopolitical tensions surrounding cross-strait relations.
The Taiwanese Ministry of Justice's research bureau revealed that Chinese firms are evading investment restrictions by disguising themselves to recruit Taiwanese talent, breaching local laws.
Yunhe Zhiwang, under the guise of a Singapore company, is linked to China's Data East, Compute West strategy, aiming to relocate server infrastructure to the west.
Concerns heighten regarding SMIC’s efforts in Taiwan, as the US government watches closely due to its national security implications given SMIC’s status on the American entity list.
Chinese technology companies are strategically positioning themselves in Taiwan to entice high-level skill sets away, highlighting the growing tensions in cross-strait relations.
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