China News

Taiwan Indicts Chinese Billionaire for Alleged Illegal Business Activity

Local prosecutors have issued a warrant for the Chinese billionaire.
Taiwan Indicts Chinese Billionaire for Alleged Illegal Business Activity
Taiwanese sailors salute the island's flag on the deck of the Panshih supply ship after taking part in annual drills, at the Tsoying naval base in Kaohsiung, Taiwan, on Jan. 31, 2018. Mandy Cheng/AFP via Getty Images
Frank Fang
Frank Fang
Reporter
|Updated:
0:00

TAIPEI, Taiwan—The New Taipei District Prosecutors Office has charged a Chinese businesswoman and three others for allegedly running a company in Taiwan illegally.

Prosecutors announced the indictment in a statement on Sept. 25, with some portions redacted, including the full names of the Chinese businesswoman and her company. However, the defendant was identified by local media outlets, including Taiwan’s government-run Central News Agency, as Wang Lai-chun, CEO and chairwoman of China’s Luxshare Precision Industry Co.

Frank Fang
Frank Fang
Reporter
Frank Fang is a Taiwan-based reporter. He covers U.S., China, and Taiwan news. He holds a master's degree in materials science from Tsinghua University in Taiwan.
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