Top Economist Urges China to Seize TSMC If US Ramps Up Sanctions
- Policy proposal made in speech on US-China relations
- Research group overseen by China’s economic planning agency
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A senior Chinese economist at a government-run research group called on authorities to seize Taiwan Semiconductor Manufacturing Co. if the US hits China with sanctions on par with those leveled against Russia.
“If the US and the West impose destructive sanctions on China like sanctions against Russia, we must recover Taiwan,” said Chen Wenling, chief economist at the China Center for International Economic Exchanges. The research group is overseen by the National Development and Reform Commission, China’s top economic planning agency.