China denounces Taiwan's efforts to protect tech industry
BEIJING (Reuters) - China on Wednesday denounced Taiwan's efforts to prevent Chinese companies from poaching talent and stealing chip secrets as a provocative "smear", saying this could not prevent interactions between the two sides of the Taiwan Strait.
Taiwan's premier called this week for the swift passage of revisions to laws mandating tougher punishments to prevent China from stealing its chip technology, saying the threat from the "red supply chain" needed an effective deterrence.
Chips made by Taiwan are used in everything from fighter jets to mobile phones, and the government has long worried about Chinese efforts to copy that success, including through economic espionage, poaching talent and other methods.
China's Taiwan Affairs Office said the island's government had "intensified" its efforts to obstruct and undermine exchanges and cooperation.
https://finance.yahoo.com/news/china-denounces-taiwans-efforts-protect-103828749.html
