On Thursday, Taiwan’s government proposed a new law to prohibit China from stealing its semiconductor technology, amid growing concerns in Taipei that Beijing is ramping up its economic espionage. a technological powerhouse Taiwan produces the majority of the world’s most advanced semiconductor chips, which are used in everything from fighter jets to cellphones, and the government has long been concerned about Chinese attempts to replicate its success, including through economic espionage, talent poaching, and other means. Taiwan’s government announced that it had proposed new national security law offenses for “economic espionage,” with penalties of up to 12 years in jail…