Friday, June 10, 2022

Senior Chinese Economist Says Beijing Should Seize Taiwan And Chip Maker TMSC If US Levies 'Destructive' Sanctions

Zero Hedge: Beijing Should Seize Taiwan And TMSC If US Levies 'Destructive' Sanctions; Senior Chinese Economist 

A senior Chinese economist at a U.S.-China forum proposed that Beijing take over Taiwan and Taiwan Semiconductor Manufacturing Co. (TSMC) if Washington sanctions Beijing as it has Moscow.

 “If the United States and the West impose destructive sanctions on China as they treat Russia, we must recover Taiwan,” said China’s economist Chen Wenling on May 30 at a forum hosted by the Chongyang Institute for Financial Studies, according to state outlets. 

“Especially in the reconstruction of industry and supply chains, we must seize TSMC, a firm that inherently belongs to China.”  

Read more ....  

Update #1: Beijing should seize Apple's iPhone chipmaker in Taiwan if US sanctions China, top Chinese economist says (Business Insider)  

Update #2: Top Economist Urges China to Seize TSMC If US Ramps Up Sanctions (Bloomberg)  

WNU Editor: Taiwan has already banned hi-end chips to Russia and Belarus .... Taiwan bans exports of chips faster than 25MHz to Russia, Belarus (The Register). China is sending the message on what would happen if chip sanctions are imposed on them.

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