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Story summary
- China has intensified its criticism, labeling the Taiwan-U.S. trade agreement a 'sellout pact'.
- Peng Qing'en, spokesperson for China's Taiwan Affairs Office, accused the Democratic Progressive Party (DPP) of compromising Taiwan's industry.
- The agreement commits Taiwan to $500 billion in investments and credit guarantees to the United States for reduced tariffs.
- Peng warned this could erode Taiwan's competitive edge.
- Peng also said reliance on external forces for Taiwan independence is futile.
