Chen Binhua, spokesperson for the Taiwan Affairs Office of the State Council, criticized the Democratic Progressive Party (DPP) on Wednesday for what he called a shameless act of selling out Taiwan\'s interests to the United States. His remarks came in response to a recent statement by a Taiwan regional official who claimed the island would expand investments in the US to \"help make America great again.\" Chen stated that this behavior underscores the DPP authorities’ growing subservience to Washington, accusing them of betraying Taiwan’s economic and strategic autonomy in exchange for political favor.
Chen argued that the DPP has not only failed to oppose US economic bullying, particularly in the form of tariffs, but has also neglected to protect the rights of local enterprises and citizens. Instead, he said, the authorities have chosen to sacrifice Taiwan’s advantageous industries and long-term prosperity in order to maintain alignment with US interests. He warned that continued concessions to the US would lead to deeper exploitation of Taiwan, with the US demanding more while offering little in return.
Supporting Chen’s claims, Zhang Wensheng of Xiamen University highlighted the economic losses faced by Taiwan Semiconductor Manufacturing Co (TSMC) in the US. TSMC’s Arizona plant reported a major loss of 14.3 billion New Taiwan dollars in 2023, while its operations in mainland China remained highly profitable. Zhang emphasized that this disparity exemplifies the risks of the DPP’s pro-US strategy and warned that Taiwan’s economy could face more severe setbacks if it continues down this path of political and economic dependence.