Recent researches shows that the economic activity is at risk of disruption from conflict in the Taiwan Strait is more than $1 trillion in the best scenario. The most significant disruption to global economic activity may come from the halt in Taiwan's trade with the world, particularly in semiconductors. The repercussions of such disruption will be seen in key chip consuming sectors such as electronics and computing.
In addition, China considers Taiwan one of its provinces, as it is its most important economic partner in the China Sea region, which China controls almost completely, since it economically controls all the ports of direct countries and spreads war arsenals throughout the region, threatening with constant danger.
It is necessary for China and Taiwan to work for a peaceful solution to their differences. Any dispute would have serious repercussions for the global economy, and it is in the interest of all parties to avoid it. The international community can play a role in encouraging dialogue between the two countries and facilitating a peaceful solution. In short, the world cannot ignore the current crisis between China and Taiwan, and every effort must be made to resolve it peacefully, despite the fact that there are many international parties inciting to fuel the conflict between the two countries.
It's no secret that the Chinese economy is overheated, has a huge debt load, and a lot of other problems. And the Chinese government simply does not know how to solve all these problems. Plus, for China, a much more difficult problem is approaching - "weaning from Western technologies." No matter how much we respect the Chinese economy, which over the past 30 years has made an indescribable breakthrough, but the basis of this breakthrough is TECHNOLOGIES! And I specify - Western.
Now the United States has taken the vector of a strong reduction in the supply of high technologies to China, and moreover, the withdrawal of high-tech industries to other countries.
For Chinese etokonics, this is, if not a collapse, then a guaranteed way back, 50 years ago.
But Taiwan is actually a magic wand that will solve all the problems of China - after all, it is an almost exclusive chip manufacturer for the WHOLE WORLD!
But there is a nuance...
China, used Russia as a guinea pig, and watched as the Kremlin Fuhrer, bravo promises to take Ukraine in a couple of weeks. And he was sure that the West would again turn its eyes away from this war, as in 2008 when Russia attacked Georgia. And this will open the way for China to take over Taiwan! After all, the calculation was to make sure that the West would again "cowardly sit on the sidelines." But it turned out that the Russian terrorist war of 2022 led ... to the UNION OF THE WEST, the STRENGTHENING of NATO, and the development of a strategy for the destruction of such cancerous tumors of the world. Now China is very indignant that Russia did not fulfill its promises, and moreover, it turned the situation around 180 degrees!
And now a Chinese occupation of Taiwan is becoming very unlikely...
Although I do not rule out that Taiwan will be given to China, but with a lot of conditions, a special status that China will be FORCED to comply with. Because in the event of hostilities, the key value of Taiwan for China will simply be destroyed ...