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On May 23 in Tokyo, Japan, the U.S., and other countries in the Pacific region launched the Indo-Pacific Economic Framework for Prosperity ("IPEF").
Global trade would be hit more than it has been by the Ukraine war, Taipei says A Chinese military assault on Taiwan would have a much gre
Any Chinese military attack on Taiwan would have a greater impact on global trade flows than the Ukraine war, Minister Without Portfolio John Deng (鄧振中) said on Tuesday. It would lead to a shortage of semiconductors, Taiwan’s top trade negotiator added. Russia’s invasion of Ukraine in February has triggered commodity price hikes and food export bans, leading to fears of famine in poorer countries. Were China to attack Taiwan, the potential disruptions could be worse, Deng said, citing the world’s reliance on Taiwan for chips used in electric vehicles and mobile phones. “The disru...
SEMICONDUCTOR HUB: Potential disruptions to global trade would be worse if China were to attack Taiwan, the world’s biggest supplier of advanced chips, John Deng said/ Reuters, GENEVA, Switzerland
Authorities from Lithuania and the island of Taiwan sought to stage a political stunt at a meeting of the WTO, as they deviated from the agenda of the multilateral conference and held a bilateral meeting to repeat claims of so-called