On February 4, the U.S. shot down a Chinese high-altitude surveillance balloon over the Atlantic Ocean off the coast of South Carolina. The balloon was first spotted on January 28 over the Aleutian Islands, and then traveled over Alaska, through Canada, and then into Idaho. Chinese spokespersons maintained that it was a meteorological research balloon that had veered off-course. However, recovery crews confirmed that the balloon platform was equipped with communication surveillance and interception tools. Since then, three other aerial objects, all flown within the vicinity of sensitive U.S. military sites, have been shot down. The other three are not confirmed to be of Chinese origin and have not been identified as surveillance balloons. NORAD (North American Aerospace Defense Command) Read More ›
In a previous article, I discussed the semiconductor industry and Taiwan’s supremacy in manufacturing microchips, the foundry portion of the semiconductor supply chain. Now let’s look at the U.S. perspective on the semiconductor industry and its relationship to Taiwan. In order to do that, we have to talk about the CHIPS+ Act Congress passed a bipartisan bill, the CHIPS and Science Act in July, after a year of negotiations in committee. President Biden signed the act into law on August 9 and the CHIPS Act Implementation Strategy was launched on September 6 through an executive order. CHIPS, or “Creating Helpful Incentives to Produce Semiconductors,” is a $250B initiative that incentivizes businesses to bring semiconductor manufacturing, research and innovation back to Read More ›
U.S. House Speaker Nancy Pelosi’s visit to Taiwan at the beginning of August included a meeting with Mark Liu, head of the Taiwan Manufacturing Semiconductor Corporation (TMSC), which is the world’s largest producer of computer microchips — and makes most of the world’s advanced ones. Plans for Pelosi’s visit were first reported in Financial Times, after the trip was rescheduled due to COVID. China responded to the announcement with a global propaganda to present the visit as an act of defiance against the U.S. One China Policy. The U.S. One-China Policy recognizes the People’s Republic of China as the sole legal government of China but it does not necessarily agree with the PRC on Taiwan being a part of China. Read More ›
Xi believes that the Western values of a free press, free speech, and separation of powers contributed to the fall of the Soviet Union and that China must avoid them so as not to succumb to the same fate. But the Soviet Union fell just before the internet became today’s information superhighway.