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[$$] Costco’s Taiwan Comment Leads to Economy-Sized Headache in China

Costco Wholesale Corp. is the latest company to be confronted on Chinese social media over its stance on Taiwan, creating a potential distraction for the retail giant as it moves into the mainland Chinese market. The issue centers on a 2016 letter that a Costco executive sent to the Formosan Association for Public Affairs, which supports Taiwan’s right to be an independent country. The letter came in response to the group’s complaint that an online job application form didn’t include Taiwan in a drop-down menu of countries.