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Title : Taiwan Says A Chinese Invasion Would Hit The Global Economy More Than The Ukraine War
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Taiwan Says A Chinese Invasion Would Hit The Global Economy More Than The Ukraine War

Taiwan's Chief trade negotiator John Deng speaks to Reuters in Geneva. © Reuters/EMMA FARGE  

Reuters: China attack on Taiwan would hit global trade more than Ukraine war, says Taiwan 

GENEVA (Reuters) - Any Chinese military attack on Taiwan would have a greater impact on global trade flows than the Ukraine war, Taipei's top trade negotiator told Reuters on Tuesday, saying it would lead to a shortage of semiconductor chips. 

Russia's invasion of Ukraine in February has triggered commodity price hikes and food export bans, leading to fears of famine in poorer countries. 

John Deng said that, were China to attack Taiwan, the potential disruptions could be worse, citing the world's reliance on Taiwan for chips used in electric vehicles and mobile phones. 

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Update: Taiwan says Chinese attack would hit global economy harder than Ukraine war (The Hill)  

WNU Editor: The Ukraine war is impacting global food/mineral/and energy markets. A Taiwan war will impact Chinese manufacturing and what they export around the world.

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