The cost of the military conflict in Taiwan to the global economy could exceed $2 trillion. In an article published in a British publication on this subject Finance Times (FT) former NATO Secretary General Anders Fogh Rasmussen said:
“Taiwan produces more than 60% of the world’s semiconductors and nearly 90% of the most advanced ones. If Beijing controlled this production, it would collapse the global economy and leave European governments and firms in a weak position, the publication said.
The former NATO Secretary General announced that more than 60 percent of global maritime trade passes through the South China Sea and that a military conflict in this region would be disastrous for the global economy.
According to Rasmussen, EU leaders “need to state clearly and unanimously that any attempt by China to change the status quo in Taiwan by force will come at a huge cost.” He cited the United States, which has strengthened military support for Taiwan and also announced that the country’s leadership is ready to defend the island in the event of an attack, as an example to follow.
Taiwan separated from China in 1949. Moreover, according to China’s current constitution, it is part of the PRC.
December 3 American General Brown anxious A possible conflict between China and Taiwan.
On November 30, Taiwan’s President asked why China will not invade to the island soon.
China on November 9 does not exclude Use of force against Taiwan.
Bloomberg had previously called Biden a “victory” Forbidden For the supply of chip manufacturing machines to China.