Chinese reunification with Taiwan to devastate US, Commerce Sec. says
Chinese reunification with Taiwan to devastate US, Commerce Sec. says
US Commerce Secretary Gina Raimondo says if China were to reunify with Taiwan, the US would be devastated due to the ramifications that would hold for the chips market.
In a congressional testimony on Wednesday, US Commerce Secretary Gina Raimondo emphasized the potentially severe consequences for the United States if China were to decide to reunify with Taiwan.
Raimondo, showcasing that the US is only interested in Taiwan's "security" because of its importance in the microchip sector, highlighted the critical role of Taiwan in microchip supply and production, stressing the decades-long collaboration between Taipei and Washington in this domain.
Speaking before the US House Appropriations Subcommittee on Commerce, Justice, and Science, Raimondo underscored the significance of Taiwan's contribution to the microchip industry. She pointed out that the United States currently relies heavily on Taiwan Semiconductor Manufacturing Company (TSMC), procuring 92% of its leading-edge chips from the Taiwanese firm.
Is there any reason to believe reunification is likely to happen soon?
As the US's importance in global trade declines, Taiwan's trade will slant more and more toward China, and the 2 regions will become more and more interconnected until they are de-facto unified.
That is the endgame. It's also why China has quite generous policies toward Taiwan residents, such as easy-to-get Mainland Travel Permits for Taiwan Residents. It's all to promote trade interconnection.
2049 is only 25 years away...
Reunification is a process, it doesn't happen in a day. China approach is to economically couple Taiwan (it already is the main trading partner, still there is ton of room for growth), steady growing their trade until the % is large enough that even the taiwan compradores can't refuse the economic benefits of reunification.
It depends on how you define it, China has a long-term strategy, reunification could still take decades, even more so since Taiwan is an important US base
Good. I'd say maybe the US shouldn't have invested all it's eggs in the imperialist basket, but then, it's very existence is imperialism.
They may as well cry about how the (partial) abolishment of slavery and decolonization movements "devastate" the west next- well, they already do, and this counts as the latter.
"No imperialism is when no iphone vuvuzela 100 gorbillion dead" or some shite.