One of the sources noted that China first announced labeling rules for Taiwanese imports in 2015, although they have not been strictly enforced as of this week.
Chinese authorities plan to tighten labeling rules for Taiwanese products in response to US House Speaker Nancy Pelosi’s visit to Taiwan, Bloomberg reported on Friday, referring to people familiar with the matter. with the matter.
According to the sources, who did not want to be identified, the products labeled as originating in the Republic of China will not be able to enter the mainland China marketsince Beijing, which considers the island as part of its territory, is opposed to Taiwan using ‘Republic of China’ as its official name.
One of the sources noted that China first announced labeling rules for Taiwanese imports in 2015, although they have not been strictly enforced as of this week. The risk now lies in the fact that products could be confiscated if companies don’t change their labeling to bring it in line with the rules, he added.
However, the impact of the move is expected to be modest for now, as companies are likely to adjust their packaging quickly, writes Bloomberg.
This week, China also suspended food imports from numerous Taiwanese companies. The companies included in the blacklist are tea leaf producers, nuts, honey, cocoa beans Y vegetablesas well as goods from some 700 fishing vessels.
In addition to economic measures, after Pelosi’s visit to Taiwan, Beijing launched “unprecedented” large-scale military exercises and training activities, including live-fire drills, in sea and air space in six areas around Taiwan. , which will last until August 7.
Source: RT