Politics · China · 15 hrs ago
China sanctions company linked to Taiwan independence figure’s father
China’s Taiwan Affairs Office announced sanctions against VWAY, a company it says is linked to Shen Boyang’s father, Shen Tucheng.
The office said Shen Tucheng used VWAY to continue business with mainland Chinese companies after an earlier sanction.
In June 2025, China had sanctioned Zhaoyi Limited, where Shen Tucheng was responsible.
The office said the VWAY dealings brought economic benefits to Shen Tucheng and his relatives.
Beijing says it will not allow companies linked to people it calls Taiwan independence hardliners to profit in mainland China.
VWAY is barred from transactions and cooperation with organizations, companies and individuals in mainland China.
China’s Taiwan Affairs Office said it would impose sanctions on VWAY, a company it said was used by the father of Taiwan independence figure Shen Boyang to continue business with mainland firms.
The measures bar VWAY from transactions and cooperation with mainland organizations, companies and individuals.
The office said Shen Tucheng used VWAY to evade sanctions imposed on another company he headed in June 2025.
Spokesperson Chen Binhua said VWAY had continued trade and business cooperation with mainland companies for economic gain.
- Who
- China’s Taiwan Affairs Office said it would sanction VWAY, a company linked to Shen Tucheng, the father of Shen Boyang.
- What
- The measures prohibit VWAY from transactions and cooperation with mainland organizations, companies and individuals.
- When
- The announcement was made on October 14. The office said sanctions on another company headed by Shen Tucheng were announced in June 2025.
- Where
- The reported business dealings were with mainland Chinese companies.
- Why
- The office said Shen Tucheng used VWAY to evade sanctions and make economic gains through business with mainland companies.
This story does not have two clearly opposing sides.
The Taiwan Affairs Office announced sanctions against Zhaoyi Co., which Shen Tucheng headed.
The office announced sanctions against VWAY, saying Shen Tucheng had used it to continue business with mainland companies.
- Company sanctioned
- VWAY
- Person linked to company
- Shen Tucheng, father of Shen Boyang
- Announced
- October 14
- Measures
- Ban on transactions and cooperation with mainland organizations, companies and individuals
- Earlier sanctions
- Zhaoyi Co. was sanctioned in June 2025
1 source
What people are saying
The mainland will never allow companies linked to die-hard Taiwan independence elements to make profits on the mainland.