#China #Taiwan #youtube #yahoofinance
Between computer chip manufacturing disputes, spy balloons, and now Taiwan, diplomatic relations between the U.S. and China have plummeted in recent months. On Friday morning, the U.S. announced it is set to deploy several hundred more troops to Taiwan, to train and bolster the island nation's defenses against a potential Chinese invasion. An unlikely outcome, according to Eurasia Group President Ian Bremmer, who says China understands the economic importance of its relationship with Taiwan, and companies like Taiwan Semiconductors (TSM). Key Video Takeaways:
00:01: TSM may be the most strategically important company in the world.
00:20: U.S. couldn't maintain its position on the ground in Taiwan0:30: Likelihood of Chinese invasion is nearly zero
00:44: China has a lot more influence over Taiwan than just militarily
01:07: You squeeze Taiwan economically
01:24: The Chinese have so many levers they can deploy well before military confrontation
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