Senior British civil servants have been busy in recent months developing strategies on how the British economy would cope if China invaded Taiwan. It is a little alarming to even ponder the implications of such a major military conflict, and the repercussions it could have. It is only when you imagine such a potential war that the scale of the economic impact comes into view. The difficulties involved in moving goods around the world during Covid-19 would be magnified, not to mention the impact on the supply of computer chips, something in which Taiwan is heavily involved. The recent shooting...