Asian equity markets were mixed on light volumes in advance of today’s US CPI print. Overnight was a Tale of Two Chinas: Onshore (Mainland/domestic investors)…
The world is changing, things are moving fast. The old world is already dead while a new world is only emerging.
87% of the world’s (.) [Voltaire Network]
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More than two decades after journalist Craig Addison coined the term “Silicon Shield,” the concept remains as relevant as ever, if not even more. The idea that global including Chinese reliance on Taiwan’s semiconductor industry has been a major deterrent of war between the two sides of the Taiwan Strait is still frequently espoused today, especially as tensions continue to soar.
On Monday, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) chairman Mark Liu (劉德音) declared during in an interview with CNN’s Fareed Zakaria that a Chinese invasion of Taiwan would render the company’s factories “non-operable” and would create “great