Examiner.com has the tale.
Taiwan’s most popular and independent media organization, Next Media, is about to be sold to China-based tycoon Tsai Eng-Meng, in a deal which would give him and his company (Want Want China Times Group) control of 50% of Taiwan’s entire print news industry.
This would be an ordinary monopolist action by a Republic of China citizen, whose outcome would be subject to RoC law.
The $600 million takeover is not so much a business deal as it is a proxy invasion of Taiwan’s independent press by the Chinese Communist Party. Eng-Meng, who is Taiwanese himself and holds large financial stakes in China, has been a vocal supporter of unification between communist China and democratic Taiwan. He is also an ally of Beijing’s communist government.
Objections are flowing, and they center on
the fact that Eng-Meng already has a record of using his existing media empire to promote pro-Beijing bias and censorship in [the RoC].
The free people of [the RoC] may be about to lose control over their own press to the Chinese Communist Party, without a shot even being fired.
If that sounds apocryphal, consider that the PRC has had a primary goal of conquering the island nation ever since the Communists won their civil war and the losing side escaped to Taiwan. This is another step in reaching that goal.