Nancy Pelosi’s attitude toward China is not new

Nancy Pelosi, Speaker of the US House of Representatives, is expected to visit Taiwan on Tuesday evening (local time). It seems she has decided to ignore the Chinese threats. Her stance is not new: she opposed China’s entry into the World Trade Organization and unfurled a banner in Tiananmen Square in 1991. The People’s Republic considers Taiwan, the largest producer of semiconductors, to be its territory.

Ms. Pelosi will be the first speaker of the chamber seem in Taiwan after 25 years. It’s a landmark milestone for America’s third-highest-ranking official, but the milestone is growing significantly the risk of a military confrontation between China and the United States.

Pelosi, a Democrat, represents a San Francisco district where nearly a third of residents are of Asian descent, according to Bloomberg. For a long time, Pelosi positioned herself as a hawk to China. She got opposed the entry of China in World Trade Organization. In 1991, it was deployed banner in Tiananmen Square in honor of protesters who died two years ago.

His position dates back to his tenure as a member of the House Intelligence Committee and as a member of the panel that oversees the State Department’s budget. In 2002, she voted against the Iraq war while his Senate counterpart, Chuck Schumer, voted in favor, Politico reported. But she also demonstrated hardness when it comes to defense democratic ideals and human rights. As such, she urged Obama to attack Syria after Assad used chemical weapons against his own people in 2013.

His visit will most likely cause China’s angry reactionwho promised “serious consequences” for diplomatic relations. Last week, President Xi Jinping told President Joe Biden in a phone interview that he would “resolutely defend China’s national sovereignty and territorial integrity” and that “those who play with fire will eventually get burned.”

A meeting between Nancy Pelosi and Taiwan President Tsai Ing-wen could take place on Wednesday, although Pelosi’s schedule has not yet been set. China says so his army will act uncertain in the case of a Democrat’s visit and that she will not “sit idly”.

from my side, the Biden administration warned Beijing against any reckless actions. “We are not going to take bait or resort to swordplay. At the same time, we will not be intimidated by anyone,” said John Kirby, a spokesman for the National Security Council. “We will continue to operate in the seas and airspace of the western Pacific as we have for decades.”

Microchips

Pelosi will not leave empty-handed either. The US Senate passed it last week CHIPS Lawa $52 billion envelope earmarked for support US semiconductor manufacturing. Of course, subsidies do not go to foreign companies, but the Taiwanese company TSMC (Taiwan Semiconductor Manufacturing Company) invests 12 billion in the United States. For the sake of completeness, the US opposition has accused Pelosi of insider trading after her husband sold shares in chipmaker Nvidia last week.

TSMC is a leading supplier of the world’s most advanced microchips, used in everything from smartphones to cars to rockets, and its factories are working at full speed to reduce global shortages. “No one can control TSMC by force,” the Taiwanese giant’s boss Mark Liu said in a rare interview with CNN that aired on Monday. ” In case of use of military force or invasion, TSMC facilities will become “idle“. “These objects are so complex. They depend on real-time communication with the outside world, with Europe, Japan, the USA,” the leader explained.

The US military has deployed aircraft carriers and aircraft closer to Taiwan as a precautionary measure, Nikkei Asia reports. The military initially opposed the president’s visit, but now appears to be creating a buffer zone for Pelosi’s escape.

But since China has said it will “never stand aside” if it visits the island, tensions in East Asia quickly escalated. Pelosi’s visit could go against the wishes of both US President Joe Biden, who wanted to lift some tariffs on Chinese goods to fight inflation, and Chinese President Xi Jinping. The latter is going through a sensitive political season, marked by a historic third term project, demonstrations by defrauded mortgage borrowers and a resurgence of covid.

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