Taiwanese giant slapped with fines over mainland regulatory violations, Xinhua says
- Far Eastern Group subsidiaries in Shanghai and four provinces punished over issues ranging from environmental protection to staff and fire safety rules
- The conglomerate, a major election donor, funded a mayoral campaign for one of three top Taiwan officials on Beijing’s ‘separatist’ blacklist


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Far Eastern-invested polyester and textile, and cement companies in Shanghai and the provinces of Jiangsu, Jiangxi, Hubei and Sichuan were penalised over violations related to environmental protection, land use, employee occupational health, production safety and fire protection, taxation and product quality, Xinhua reported on Monday.
The punishments ranged from fines, orders to pay tax arrears or rectify the issues concerned within a set time frame, to warnings that idle construction land would be taken back by the state.
The companies involved had admitted the charges, and investigations were still in progress, Xinhua said.
A spokesman for Far Eastern Group in Taiwan said they were still trying to understand the situation.