A senior Chinese economist at a U.S.-China forum proposed that Beijing take over Taiwan and Taiwan Semiconductor Manufacturing Co. (TSMC) if Washington sanctions Beijing as it has Moscow.
“If the United States and the West impose destructive sanctions on China as they treat Russia, we must recover Taiwan,” said China’s economist Chen Wenling on May 30 at a forum hosted by the Chongyang Institute for Financial Studies, according to state outlets. “Especially in the reconstruction of industry and supply chains, we must seize TSMC, a firm that inherently belongs to China.”
Chen is the chief economist at the China Center for International Economic Exchanges, a state think tank overseen by China’s top economic planning agency National Development and Reform Commission. Her comments came as TSMC, a global leader in semiconductor production, becomes increasingly important amid the global chip crunch….