Why China won't invade Taiwan
Chinese Whispers
00:00
The Economic Impact of Sanctions on China
Taiwan produces 90% of the world's high level semiconductors and 50-60% of all of them. Taiwan exports to China last year, something like $185 billion worth of mainly components that go into Chinese exports or products. So if that trade is stopped by an invasion or by a blockade, just magnify that number by whatever you want. I mean, at a zero, let's say, nearly $2 trillion downside for China. But it goes a lot worse than that, because the moment an invasion or a blockade happens, well, first of all, trade and investment rise up.
Transcript
Play full episode
