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And it is the antics of the Tsai administration that have prompted this move.

And, Zuo added, “it will play an important role in attracting high-quality overseas talents to return to the homeland to launch their careers and contribute to the development of our country.”

Anez said that it was "a tough but necessary decision," clarifying that markets and supply centers will be open until noon, and factories, production centers, and the transportation of essential products will function as usual.

And so one of the things we’ve learned is that this resonates with the public. When they look at the tech sector and they see us creating machines that can make decisions, they come to it with a point-of-view, and it’s less than sheer enthusiasm.

Analysts believe more measures are in the pipeline. The negative list that determines where foreign participation is prohibited or limited is expected to become shorter. Foreign investors will see more favorable policies in taxation, less red tape in investment approval, and stronger protection of intellectual property rights.