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China's Chip Industry Helps Securing Taiwan
The Taiwanese government describes the chip industry as a silicon shield. The idea being that China won't attack because it knows that the economic consequences would be disastrous for China and for the rest of the world. But I worry as well that if China tries to move on Taiwan in a way that's below the threshold of what would necessarily trigger US response. A partial blockade for example which would present the US with a really difficult calculus as to what to do in such a scenario.