Antony Blinken: if Taiwan's chip output is interrupted, the world will face an economic crisis

2022-10-18

When U.S. Secretary of State Blinken talked about the Taiwan issue today, taking semiconductors as an example, he said that if Taiwan's output is interrupted due to the crisis, the world will face an economic crisis. Maintaining peace and stability in the Taiwan Strait and ensuring the peaceful resolution of cross-strait differences are of great importance to the United States and the world.

Antony Blinken was asked about U.S. policy toward Taiwan during a conversation with former U.S. Secretary of State Condoleezza Rice at Stanford University today.

Blinken said that for decades, the US Republican and Democratic administrations' policy towards Taiwan has been to insist that differences between the two sides of the strait should be resolved peacefully. In fact, until recently, this policy has been very successful. It has been handled properly and conflicts have been avoided, and the people of Taiwan have truly prospered. , not only benefit from their own lives, but also make many contributions to the world every day.

Blinken pointed out that Beijing's attitude towards Taiwan has changed in recent years. Rather than sticking to the status quo established in a positive way, Beijing has fundamentally determined that the status quo is no longer acceptable and is determined to achieve reunification in a shorter time. If peaceful means do not work, coercion is used, and if coercion does not work, force may be used to achieve its goals.

He also said that this is not only a topic of concern to the United States, but also a topic of deep concern to all countries in the world. Every day commercial traffic through the Taiwan Strait has a huge impact on the global economy. If a crisis breaks out, all countries in the world will suffer losses.

Taking semiconductors as an example, he pointed out that if Taiwan's output is interrupted due to the crisis, there will be an economic crisis in the world. Therefore, maintaining the peace and stability of Taiwan and the Taiwan Strait and ensuring the peaceful resolution of differences is of great importance to the United States and other countries in the world.

Blinken shouted to Beijing that he hoped that Beijing would see the benefits of peacefully resolving differences and stop using coercion or even worse force. He also reiterated that the US resolutely fulfills its commitments under the Taiwan Relations Act and supports Taiwan's self-defense capabilities.

Blinken also mentioned that the U.S. one-China policy will not change, but its core is its commitment to peacefully resolve differences. If this situation changes, it will bring about extremely challenging prospects for the future.

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