The most dangerous place on Earth | Curio

The most dangerous place on Earth

8 mins | May 4, 2021

America and China must work harder to avoid war over Taiwan. “War would be a catastrophe, and not only because of the bloodshed in Taiwan and the risk of escalation between two nuclear powers. One reason is economic. The island lies at the heart of the semiconductor industry. TSMC, the world’s most valuable chipmaker, etches 84% of the most advanced chips. Were production at TSMC to stop, so would the global electronics industry, at incalculable cost. The firm’s technology and know-how are perhaps a decade ahead of its rivals’, and it will take many years of work before either America or China can hope to catch up.”

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From The Economist