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Economist says China should seize Taiwan’s TSMC if US unleashes sanctions

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[Economist says China should seize Taiwan’s TSMC if US unleashes sanctions] A high-level Chinese economist has called on Beijing to seize Taiwan Semiconductor Manufacturing Co. (TSMC) if Washington levies economic sanctions against China. According to Bloomberg, Chen Wenling, chief economist at the China centre for International Economic Exchanges, made the remarks during a talk in May at the Chongyang Institute for Financial Studies at Renmin University. The speech was posted online Tuesday (June 7) by pro-China news site Guancha. Chen’s research group is overseen by Beijing’s top economic planning agency, the National Development and Reform Commission, the report said. “If…

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