World War III: China in an “economic” move that will burn the United States

by time news

Trading in China (vecteezy photo)

While the world is focused on the Russian occupation of Ukraine, an even more significant threat is now coming from China, which reveals that it, too, is preparing for war and has already set a clear target for occupation – and it is not a particular country.

Wenling Chen, the chief economist at the Chinese Center for International Economic Trade, spoke about a week and a half ago at a conference on China-US relations held at the Chongqing Institute for Financial Studies at the Renmin University in Beijing, and yesterday (Monday) the content of a speech was posted on the Chinese Guangzhou website .

According to Chen, the two countries should moderate the rivalry between them, because if their relations to the conflict deteriorate it would be a “disaster for the human race”. However, she warned that in the event that restrictions were imposed on China by the US or other Western countries – and she even noted that certain restrictions were already imposed and the US seemed to be constantly trying to tighten them – China would not hesitate to “take steps to secure its supply chain” .

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More specifically, Chen talked about a very specific area – chips. She said China was working on strategies “to deal with the U.S. insistence on breaking the chain”, with the top priority, and necessary, she said, being “to bring back Taiwan and occupy TSMC, a company that originally belonged to China.”

It is worth noting the wording: Chen is not talking about the “occupation” of a state, but of a society. At the moment, this company is mainly in Taiwan, so China has been preparing for several years, according to the West, plans to invade the country and take over its leading export industry. But Chen added that the U.S. is “speeding up the transition (of TSMC) to the U.S. (by) building six U.S. plants. We must prevent the achievement of the transition goals. “In other words – not only is China preparing to invade Taiwan, but also prevent, in one way or another, the plans to build the company’s huge chip factories on US soil to release dependence on Taiwan.

This Chinese plan is not new to Americans. At the end of last year, two researchers at the U.S. Army College of War published a document that received considerable attention, in which they argued that Taiwan should present a clear plan for self-destruction of its chip industry in the event of a Chinese invasion. As well as the factories of the Chinese national chip company SMIC in Taiwan, they are the only way to deter China from invading the country.

The problem with this proposal is that the West will suffer no less than it: TSMC is the largest chip maker in the world, and manufactures the chips for most Apple devices, for example. 48% of the chips in the world, and 61% of the chips in relatively modern manufacturing technologies of 16 nm and below, come from Taiwan, so TSMC’s self-destruction, regardless of who causes it, will create a global crisis that will make current chip delays and price increases look like a pink dream.

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