Sogo to reveal bullying tactics of partners from mainland
CNATAIPEI -- Pacific Sogo Department Stores Co., one of the largest department store operators in Taiwan, will hold a press conference today to expose “rapacious” bullying tactics employed by the company's joint venture partners in China, the company announced yesterday.
July 10, 2012, 12:41 am TWN
Ahead of the media event, Sogo blasted its Chinese partners in department store ventures in Sichuan Province's Chengdu City and in Dalian City, Liaoning Province for “defying contract spirit, interfering in operations by deliberately cutting off the electricity supply and arbitrarily raising the rent to force Taiwanese businesses to meet their demands.”
As there is no law in China that protects Taiwanese business interests, businesses frequently fall prey to “Chinese partners who violate the spirit of contract, taking what they want by force,” Sogo representatives said.
“If we must swallow this, what else will not be forced upon us?” the company asked, adding it decided to take the initiative and expose the dangers of investing in China's department store sector because it is no longer willing to endure such intimidation.