SITUATION REPORT

China: NDRC-Affiliated Economic Researcher Warns China May Need to 'Seize' TSMC

Jun 7, 2022 | 17:21 GMT

The chief economist for the China Center for International Economic Exchanges, an economic research group overseen by the National Development and Reform Commission, warned that China may need to "seize" Taiwan Semiconductor Manufacturing Co. (TSMC) if the United States hits China with the same level of sanctions that it has placed on Russia, Bloomberg reported June 7....

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