Taiwan’s strength in semiconductors could be its ‘Achilles heel,’ economist says

Taiwan should plan to diversify its economy away from semiconductors, given the risk that China might develop the capacity to make its own chips, Paul Cavey, an economist at East Asia Econ, told CNBC. “Politicians really should be discussing more on … diversifying the economy away in terms of trying to encourage more industries to … Read more

Why the Indian Ocean could be China’s Achilles’ heel in a Taiwan war

By Greg Torode HONG KONG (Reuters) – Every day, nearly 60 fully loaded very large crude-oil carriers sail between the Persian Gulf and Chinese ports, carrying about half of the oil that powers the world’s second-largest economy. As the vessels enter the South China Sea, they ply waters increasingly controlled by China’s growing military, from … Read more