• About Us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI English
TFI हिन्दी
Sunday, January 29, 2023
TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
TFIGlobal
No Result
View All Result

How Taiwan turned China’s economic Coercion into a sea of opportunities

Sanbeer Singh Ranhotra by Sanbeer Singh Ranhotra
November 26, 2021
in China
Reading Time: 4 mins read
0
How Taiwan turned China’s economic Coercion into a sea of opportunities
3.2k
VIEWS
Share on FacebookShare on Twitter

The threat of a Chinese invasion is real for Taiwan. China considers Taiwan an estranged province of itself, which remains out of its control and which must be dominated very soon. Taiwan is a free, democratic and sovereign country. In the past two years, Taiwan has made a name for itself around the world. Now, if China attempts to coerce Taiwan or invade it, the Communist nation might end up realising it just pressed on the self-destruct button. China has been violating Taiwan’s airspace with multiple packages of fighter aircraft at an unprecedented pace for quite some time now. These measures are taken to scare Taipei. However, Taiwan is only getting strengthened by China’s intimidation. 

Over the past two years, China has tried every trick in its hat to intimidate Taiwan. Hilariously, it has failed to achieve its primal objective every time. Taiwan has learnt to deal with China. Taipei now turns every Chinese assault into an opportunity for itself. At the end of it all, China gets exposed for its aggression around the world, and Taiwan emerges as the beacon of democracy in a region that China wants to swallow whole. 

Also Read

UAE backs Zambia’s Solar Dream

Is South-East Asia ready for the Chinese collapse?

How Taiwan Turns Chinese Assaults into Opportunities

Whether it be the constant threat of invasion, the airspace violations, vaccine blockades, international diplomacy aimed against Taipei or even China’s ban on Taiwanese pineapples and its lust to destroy Taiwan’s flourishing semiconductor industry – China has faced defeat on all counts, because Taiwan refuses to give up on its pragmatism and uses its democratic ethos and liberties to its advantage around the world. Ask yourself, would anyone – no matter how insane, dare support China over Taiwan? The answer is no because Taiwan has been successful in marketing itself as a free nation that deserves to remain sovereign. 

Until recently, China was the major overseas destination of Taiwanese pineapples. 11% of the pineapple production in Taiwan was directed almost completely towards exports to China. And then, to punish Taiwan, Xi Jinping banned the imports of Taiwanese pineapples. So, did Taiwan retire to a corner and sulk? No, it took the challenge head-on and began exporting the fruit around the world, especially to Japan. The demand for Taiwanese pineapples, both domestically and globally soared, and Taipeitaught Beijing a resounding lesson. 

Today, global semiconductor supply chains are centred around Taiwan, and China is reeling under an intense chip crisis. Meanwhile, Taiwan Semiconductor Manufacturing Corp. is expanding around the world. TSMC is opening a plant in Japan along with Sony. It is getting heavy incentives and subsidies from the Japanese government for setting a manufacturing base in the country. Similarly, hectic parleys are underway between India and Taiwan, and India hopes to secure a semiconductor manufacturing facility for itself soon. China is not being allowed to become a part of the microchip supply chains, and in the long term, this will be disastrous for the Communist nation. 

Read more: In a final blow to China’s chip industry, Tokyo will pay big money to chip companies if they move to Japan

Taiwanese diplomacy is also witnessing one victory after the other. Taiwan is among the invited countries to a virtual summit on democracy which will be held next month by Joe Biden. China has not been invited to the same, and this is a mighty snub to Xi Jinping. Separately, it was reported recently that Lithuania decided to have a “Taiwanese Representative Office” in its capital city – Vilnius. With this move, Lithuania had become the first country in Europe to use the word ‘Taiwan’ in representative offices or de facto embassies opened by Taipei in capitals across the world.

In 2019, the Solomon Islands – which used to be Taiwan’s most populous ally in terms of countries that gave it full recognition – switched sides and established diplomatic ties with Beijing instead. Since then, PRC-linked enterprises and labour have flooded the Solomon Islands, dispersing cash where it is needed, buying influence, distorting local economies, and ushering in a more authoritarian attitude. Now, the Solomon Islands is on the verge of a civil war, as the people voice their support for Taiwan and begin a movement to kick China and its proxy government out of power. 

In another disappointment for China, last month, the EU parliament passed a resolution in favour of Taiwan with a majority of 580 to 26 votes, urging the EU’s executive European Commission to “urgently begin an impact assessment, public consultation and scoping exercise on a bilateral investment agreement.”The lawmakers also demanded the commission to open a trade office in Taiwan through the non-binding resolution.

So, Taiwan has been scoring one victory after the other. Any other country would have perhaps submitted to its fate. Taiwan, however, is creating its fate, and Taipei submitting to Chinese will is not a part of Taiwan’s future. Taiwan is acting decisively against China and is ensuring that it turns all Chinese offences into opportunities for itself. 

Tags: ChinaExhaustive ReadsLithuaniaSemiconductor CrunchSolomon islandsTMSCVietnamXi Jinping
ShareTweetSend
Previous Post

How Trump and Pompeo got influential Chinese policymakers to cut a favorable deal with China

Next Post

CCP cancels Tencent

Also Read

Is South-East Asia ready for the Chinese collapse?

Is South-East Asia ready for the Chinese collapse?

January 25, 2023
Ethiopia China imports

Post War Ethiopia should ensure its economic interest are not trampled upon

January 17, 2023
China Russia Allies,

China and Russia are anything but all-weather allies

January 16, 2023
Korean War

China forced American soldiers to boycott America during the Korean War

January 12, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
Saudi Arabia Caribbean

Saudi Arabia expands its Caribbean foothold with an $80m gift

January 22, 2023
Did Ukraine use innocent civilians as human shield against Russia in the name of evacuation?

Did Ukraine use innocent civilians as human shield against Russia in the name of evacuation?

May 9, 2022
World Economic Forum

“Sex, sleaze, and drugs” is what WEF is all about

January 18, 2023
Cuba Ally

Cuba in Ukraine war is impossible! USA has gone bonkers in its desperation

January 24, 2023
Orwellian “Ministry of Truth” becomes a reality in Biden’s America

Orwellian “Ministry of Truth” becomes a reality in Biden’s America

April 28, 2022
Jamaica: The Best Hotspot for Pure Tropical Fun

Jamaica: The Best Hotspot for Pure Tropical Fun

January 29, 2023
All 13 Premiers of Canada give Trudeau a wakeup call

All 13 Premiers of Canada give Trudeau a wakeup call

January 29, 2023
Canada and Denmark threatened by Russia’s new move

Canada and Denmark threatened by Russia’s new move

January 29, 2023
Finland could now throw out Western Companies, so it decides to tax them instead

Finland could now throw out Western Companies, so it decides to tax them instead

January 29, 2023
Trudeau’s data manipulation skills leave Cuomo in the dust

Trudeau’s data manipulation skills leave Cuomo in the dust

January 29, 2023
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2023 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

©2023 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.