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The US chip plan is a waste of cash

Is Taiwan Next? - Project Syndicate

Russia’s invasion of Ukraine in February has stoked fears that Chinese President Xi Jinping is plotting his own aggression against Taiwan. The United States and its NATO allies seem to be “all in” on repelling Russia’s invasion, but how far will the US be willing to go to defend Taiwan, and has its longstanding policy of “strategic ambiguity” on that question really run its course?

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