Russia is far from China’s most important technological partner. Yet as the outcomes of Xi Jinping’s recent visit to Moscow confirm, Europeans will need to live with a China-Russia partnership that is increasingly focused on high technology. As foreign sanctions drive Russia into rising economic integration with China, and as China’s access to Western markets and partnerships comes under increasing …
Taiwan, China and Semiconductors
Rising tensions surrounding Taiwan in the wake of Nancy Pelosi’s visit have illuminated the island’s critical role in the global economy, thanks to its singular place in the semiconductor supply chain. Yet rather than increasing Beijing’s incentives to pull the trigger on an invasion of Taiwan, the global importance of TSMC and other Taiwanese semiconductor companies discourages it. Taiwan’s position …