The standoff between China and Taiwan (and the U.S.) has heightened tensions to their highest level in decades but — so far at least — economic observers haven’t seen a worst-case scenario. The island’s crucial semiconductor industry has dodged a direct hit and, while China currently has Taiwan effectively blockaded, that is expected to end this weekend. But White House officials and other observers say that doesn’t mean Taiwan’s economy and world markets are getting off scot free…. Source link
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