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China sees Taiwan as a part of its territory and regards any move towards independence by Taiwan as a red line that it will not tolerate. China has repeatedly stated that it reserves the right to use force to bring Taiwan under its control if necessary. There are several reasons why China may consider taking Taiwan by force, including:
Nationalistic sentiment: The unification of Taiwan with China is a deeply ingrained nationalistic aspiration for many Chinese people, and the Communist Party has staked its legitimacy in part on fulfilling this goal.
Strategic considerations: Taiwan's strategic location in the Taiwan Strait makes it a valuable asset for China in terms of military positioning and projecting power in the region. Control of Taiwan would also give China a significant advantage in its competition with the United States and other regional powers.
Economic benefits: Taiwan is a highly developed economy with advanced technology and is home to many of the world's leading semiconductor companies. China would benefit from integrating Taiwan's economy into its own and gaining access to these industries.
Taiwan Semiconductor Manufacturing Company (TSMC) is a Taiwanese multinational semiconductor manufacturing company that designs and produces integrated circuits (ICs) and other semiconductor devices. TSMC is the world's largest dedicated independent semiconductor foundry, and is a major supplier for many leading global semiconductor companies.
The United States has a longstanding interest in maintaining peace and stability in the Asia-Pacific region, and sees the Taiwan Strait as a critical flashpoint that could disrupt regional security. The U.S. also values Taiwan as a key democratic ally in the region and has maintained close economic, political, and security ties with Taiwan for decades.
The U.S. commitment to Taiwan is guided by the Taiwan Relations Act (TRA) of 1979, which requires the U.S. to provide Taiwan with defensive weapons and to maintain the capacity to resist any use of force or coercion that would jeopardize Taiwan's security or social and economic system. The U.S. also supports Taiwan's meaningful participation in international organizations and promotes Taiwan's role in global health, trade, and environmental issues.
The U.S. policy towards Taiwan is also shaped by its broader strategic interests in the region, particularly its efforts to counter China's growing influence and assertiveness. The U.S. sees Taiwan as a critical partner in this effort and a potential strategic counterbalance to China's rising power. Overall, the U.S. commitment to Taiwan is based on a combination of strategic, economic, and values-based considerations, and reflects its broader interests in promoting peace, stability, and prosperity in the Asia-Pacific region.
And let us not forget Semiconductors! Why is this important? Semiconductors are important because they have unique electrical properties that make them suitable for use in a wide range of electronic devices, such as transistors, diodes, and integrated circuits. These devices are the building blocks of modern electronics and are used in everything from computers and smartphones to automobiles and medical equipment. Semiconductors also play a critical role in the development of renewable energy technologies, such as solar cells and LED lighting. Overall, semiconductors are essential for the functioning of many of the technologies that we rely on in our daily lives.
The US government and industry are currently taking steps to produce more semiconductors domestically in order to address a global shortage of these critical components. This shortage has been caused by a combination of factors, including increased demand for electronics during the pandemic and supply chain disruptions.