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Taiwan Accuses China of Election Interference Through Business Sanctions
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News18•17-10-2026, 12:15
Taiwan Accuses China of Election Interference Through Business Sanctions
- •Taiwan has accused China of attempting to sway its democratic elections by imposing sanctions on a company owned by the father of legislator Puma Shen.
- •China's Taiwan Affairs Office placed sanctions on VWAY Co, owned by Shen Tu-cheng, following media reports in Hong Kong about ongoing trade.
- •Taiwan's Mainland Affairs Council stated that these actions are part of a broader strategy to pressure voters and influence political candidates.
- •Puma Shen rejected the allegations, maintaining that his family conducts business with Ecuador and not China, and noted he is already on a Chinese wanted list.
Key Questions Answered
Taiwan accused China of trying to influence its democratic elections and put pressure on voters by imposing sanctions on VWAY Co, a company owned by the father of DPP legislator Puma Shen.
In June 2025, Beijing imposed similar punitive restrictions on Sicuens International Co. Ltd., another company headed by Shen Tu-cheng, prior to the recent measures against VWAY.
Puma Shen rejected the allegations, stating that the claims were old and had been repeated since 2024. He noted that he was already on China's wanted list and stated that his family conducted business with Ecuador rather than China.
