Stay updated with breaking news from Chen Xia. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Taiwan Semiconductor Manufacturing Company (TSMC) is in the spotlight once again after Morris Chang, the founder and former CEO of the chipmaker, confirmed that the company plans to produce its most advanced 3-nanometer chips in the US.
Now everyone knows that at least the Netherlands clearly opposes imitating the US. It’s the US that has been forcing the Netherlands to cooperate with it. Isn’t this “economic coercion?”
As Japan is facing the most important tasks of keeping the COVID-19 epidemic under control and restoring economic vitality, how to expand its exports has become key to boosting the country's economic recovery, highlighting the importance of further improving its economic and trade relations with China.
The US playbook is all too familiar: attempting to coerce Gulf countries to take sides, and interfering in their diplomatic and domestic affairs. But the times when the Gulf countries echoed whatever the US said have gone.
In the past, the status of major power was won through wars, such as the British empire, the US and the Soviet Union. But now, whether a country can be defined as a major power depends on whether it has the ability and will to provide enough international public goods to the region and the world. Achieving sustainable rise by providing international public goods is what differentiates China and other major powers in the past. Asian peace can be secured with more international public goods.