Summary
Chinese President Xi Jinping reiterated in his New Year’s speech that Taiwan’s “reunification” with China is inevitable.
China has escalated military activity around Taiwan, including frequent incursions near the island and sanctions on U.S.-linked companies over arms sales to Taipei.
Taiwanese President Lai Ching-te rejected Beijing’s claims, stating Taiwan’s future can only be decided by its people.
Lai also criticized China’s restrictions on travel and education exchanges with Taiwan, calling for dignified, reciprocal relations based on goodwill and equality.
But you have to factor in deliberate effort already to eliminate the CHIPS act by Congress. I’m sure it will get the axe in the new administration.
The rush had been increased because of the efforts Western governments like the USA have made to prevent China from getting the chips from Taiwan, that encourages the Chinese to develop their own capacity but also eliminated the hit they would take if processor production in Taiwan was crippled by conflict.
The actual ace in the hole protecting Taiwan is the fact that the Chinese want the Taiwanese to join willingly, but if the Chinese economy has continued trouble than Xi will be under pressure to demonstrate strength and that is where they could make a move on Taiwan.