Taiwanese firms in Myanmar fly Taiwanese flag to distinguish from Chinese financed companies facing brunt of public anger

Rising public anger in Myanmar against China, which is viewed as being supportive of the military junta has led Taiwan’s de facto embassy in Myanmar advised its companies that operate in the country to fly its flag so that they don’t face the brunt of the civilian attacks.

Chinese financed factories have been set ablaze by protestors with the Chinese embassy saying, many Chinese staff were trapped and injured in arson attacks on garment factories in the Yangon suburb of Hlaingthaya.

Myanmarese are of the opinion that Beijing supports Myanmar’s military junta which overthrew the elected government of Aung San Suu Kyi and grabbed power in the country.

Taiwan is home to a large Sino-Burmese population and there are close cultural and business links.

On Monday, in a statement, Taiwan’s Foreign Ministry said, only one Taiwanese company was caught in the violence, and 10 of its nationals were trapped inside the premises; they were all safe though.

Taiwan’s representative office in Myanmar had got in touch with Taiwanese firms after receiving reports of attacks on Chinese-invested companies.

The office “suggested Taiwanese businesspeople hang signs in Burmese reading ‘Taiwanese company’ at their factories and to hang our country’s national flag, and explain to local workers and neighbours they are a Taiwanese factory, to avoid outsiders getting confused and misjudging”.

Although China claims democratically elected Taiwan as its own territory, interestingly the United States has now recognized Taiwan as a separate country.

Categories: Creativity, Economy & Finance, Entrepreneurship, Geopolitics, HR & Organization, Regulations & Legal, Strategy, Sustainability

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