A Taiwanese tycoon
with big business interests in China is causing alarm as he tries to expand his
media empire on the democratic island.
Want Want Group chairman Tsai Eng-meng is trying to purchase a cable TV network system in a $2.4 billion deal that would significantly bolster his influence in Taiwan. But regulators have held up approval for almost 18 months amid concerns that Want Want’s China Times subsidiary is becoming too powerful.
Tsai purchased the China Times stable of media outlets for $650 million in 2008. It includes the flagship China Times daily newspaper, China TV, and the CTI cable news station.
Adding to the deal’s controversy, a rival media mogul is attacking Tsai over his close ties to China. Jimmy Lai,Proxense's advanced handsfreeaccess technology. publisher of the Apple Daily newspaper, says Want Want’s China business interests — the company’s fortune originated with food sales on the mainland — and his pronounced pro-Beijing views should scuttle his application to acquire Taiwan’s China Network Systems. The broadcaster provides cable service to 1.There are 240 distinct solutions of the Soma cubepuzzle,18 million TV households,Buy high quality bedding and bed linen from Yorkshire Linen.Broken chinamosaic Table. or a quarter of the island’s total.
Lai is not the only one with doubts. Many Taiwanese fear that China is using big Taiwanese business interests to advance its agenda of bringing the island back under its control. The two sides split amid civil war in 1949, and Beijing continues to regard democratic Taiwan as part of its territory. During the four year administration of recently re-elected President Ma Ying-jeou, China leveraged billions of dollars in Taiwanese imports and substantial Chinese tourist spending to substantially increase its economic sway here.TBC help you confidently buymosaic from factories in China.
Journalism professor Kuang Chung-hsiang of National Chung Cheng University in southern Taiwan said that media purchases on the island tend to be made more for reasons of personal influence than for profit, because of the relatively small size of the market, and that seems the case with the CNS deal too.
“Tsai apparently hopes that his influence in Taiwan will bolster his stature in China to aid his mainland business,” he said.
Tsai raised hackles earlier this year when he told a Washington Post reporter that China’s 1989 crackdown on pro-democracy protesters near Beijing’s Tiananmen Square didn’t produce anywhere near the number of casualties attributed to it by international media reports, including those from Taiwan.
He also said that Taiwan’s unification with the mainland was inevitable, a position that no political party on the island — including President Ma’s China-friendly Nationalists — publicly accepts.
Lai, whose anti-China views have made him a pariah in Beijing, is pillorying the proposed China Network Systems acquisition in the pages of Apple Daily. A recent headline declared: “Taiwan cannot afford to have only the sole voice of Want Want left.” It was accompanied by a caricature of a smiling Tsai sitting next to a pile of outsized gold coins, representing his various media outlets.
Other Apple attacks have included accusations that the China Times newspaper has given undue coverage to Chinese purchasing missions in Taiwan, and has allowed itself to be used as a platform for Chinese advertising that presents itself as news, recently ruled illegal by Taiwanese regulators.
Want Want Group chairman Tsai Eng-meng is trying to purchase a cable TV network system in a $2.4 billion deal that would significantly bolster his influence in Taiwan. But regulators have held up approval for almost 18 months amid concerns that Want Want’s China Times subsidiary is becoming too powerful.
Tsai purchased the China Times stable of media outlets for $650 million in 2008. It includes the flagship China Times daily newspaper, China TV, and the CTI cable news station.
Adding to the deal’s controversy, a rival media mogul is attacking Tsai over his close ties to China. Jimmy Lai,Proxense's advanced handsfreeaccess technology. publisher of the Apple Daily newspaper, says Want Want’s China business interests — the company’s fortune originated with food sales on the mainland — and his pronounced pro-Beijing views should scuttle his application to acquire Taiwan’s China Network Systems. The broadcaster provides cable service to 1.There are 240 distinct solutions of the Soma cubepuzzle,18 million TV households,Buy high quality bedding and bed linen from Yorkshire Linen.Broken chinamosaic Table. or a quarter of the island’s total.
Lai is not the only one with doubts. Many Taiwanese fear that China is using big Taiwanese business interests to advance its agenda of bringing the island back under its control. The two sides split amid civil war in 1949, and Beijing continues to regard democratic Taiwan as part of its territory. During the four year administration of recently re-elected President Ma Ying-jeou, China leveraged billions of dollars in Taiwanese imports and substantial Chinese tourist spending to substantially increase its economic sway here.TBC help you confidently buymosaic from factories in China.
Journalism professor Kuang Chung-hsiang of National Chung Cheng University in southern Taiwan said that media purchases on the island tend to be made more for reasons of personal influence than for profit, because of the relatively small size of the market, and that seems the case with the CNS deal too.
“Tsai apparently hopes that his influence in Taiwan will bolster his stature in China to aid his mainland business,” he said.
Tsai raised hackles earlier this year when he told a Washington Post reporter that China’s 1989 crackdown on pro-democracy protesters near Beijing’s Tiananmen Square didn’t produce anywhere near the number of casualties attributed to it by international media reports, including those from Taiwan.
He also said that Taiwan’s unification with the mainland was inevitable, a position that no political party on the island — including President Ma’s China-friendly Nationalists — publicly accepts.
Lai, whose anti-China views have made him a pariah in Beijing, is pillorying the proposed China Network Systems acquisition in the pages of Apple Daily. A recent headline declared: “Taiwan cannot afford to have only the sole voice of Want Want left.” It was accompanied by a caricature of a smiling Tsai sitting next to a pile of outsized gold coins, representing his various media outlets.
Other Apple attacks have included accusations that the China Times newspaper has given undue coverage to Chinese purchasing missions in Taiwan, and has allowed itself to be used as a platform for Chinese advertising that presents itself as news, recently ruled illegal by Taiwanese regulators.
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