Washington’s decision to stop approving licenses for US firms to export most chipmaking technology to Huawei elevated the US-China trade dispute to new heights. Further, the European Commission has demonstrated its resolution to protect its core technologies with a list of 10 critical technologies crucial to economic security. Koo said that the policy would elevate critical technology in supply chain and semiconductors to the level of national security, enabling it to face closer scrutiny. Therefore, the publication of a list of key Taiwanese technologies would provide a safety net and help ensure and protect Taiwan’s national security and economic interests. So far, the free world’s strategy to push back against China has been centered on national security, economic resilience, and democracy and sustainability.

Source: Taipei Times October 15, 2023 03:41 UTC