Beijing should seize Apple's iPhone chipmaker in Taiwan if US sanctions China, top Chinese economist says


Source: dailymagazine.news dailymagazine.news

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People looking at TV screen with logo of Taiwanese chipmaker TSMC above. US-China tensions have run high over Taiwan following Russia's invasion of Ukraine. A leading economist urged Beijing to seize chipmaker TSMC if the West hits China with sanctions. China views chipmaking as an industry to buffer its economy from trade tensions with the US. A top Chinese economist said that if the US imposes crippling sanctions on China, Beijing must retaliate by seizing Apple's iPhone chip supplier in Taiwan. "Should the US and the West impose devastating sanctions on China just like how they did to Russia, we...