China accuses Taiwan of "selling out" its semiconductor industry to the US

A hot potato: Taiwan is home to some of the most important companies in the global technology industry. However, its political status remains contentious, with China actively seeking to influence and ultimately annex the country. This effort is driven by a well-oiled propaganda machine that speculates about Taipei's diplomatic and business activities. China has accused Taiwan of trying to sell off its thriving semiconductor industry to the United States, claiming that Taipei is essentially handing over control of TSMC to Washington as a "souvenir." In exchange, Taiwan would supposedly secure political support from the new US administration against Beijing's influence. Zhu Fenglian, a spokeswoman for China's Taiwan Affairs Office, recently suggested that TSMC could soon become the United States Semiconductor Manufacturing Co. However, she provided no evidence to support this claim and accused Taiwan's ruling Democratic Progressive Party of seeking assistance from "external forces" to ... Read full article.