News Snapshot:
What keeps Taiwan independent? Ambiguous alliances and regular weapons purchases have so far acted as a powerful deterrent to Beijing’s desire to finally annex Taiwan into the People’s Republic of China. But Taiwan has another tool in its arsenal—and it’s one that could make the PRC continue to hesitate to use coercive force and that could help persuade the United States to intervene if Beijing tried to invade Taiwan. As emerging and critical technologies like 5G and the internet of things become more essential to state power, the development and production of the microprocessor chips that lie at the heart...
