Biden Administration Releases Plan for $50 Billion Investment in Chips
New York TimesMAR 29 2022
This is an unacceptable attempt by Taiwan to foster more independence by joining an international organization whose goal is to undermine the PRC. With the way Beijing‘s chip sector is growing, this decision by the island - not to mention the US, Japan, and South Korea - is doomed to fail. Taiwan will regret going against China on this.
This is a straightforward economic agreement between Taiwan and three other countries - it has no impact on the status quo between China and Taiwan. Beijing shouldn’t be so fast to overreact to things like microchips or US diplomatic visits to Taiwan. The PRC would be best served by focusing on talks to further peace.