Rapid Fire
Taiwan's Geopolitical Significance
- 05 Mar 2025
- 2 min read
The US revised its Taiwan factsheet, omitting “we do not support Taiwan independence” and backing Taiwan’s global participation, drawing Taiwan’s support but China’s opposition.
- Taiwan Relations Act (1979): Promotes US-Taiwan ties, ensuring trade, cultural exchange, and defensive arms sales despite Beijing’s objections.
- Significance of Taiwan: Taiwan located in the East China Sea, is crucial for regional trade, with the Taiwan Strait being a key global shipping route.
- Additionally, Taiwan manufactures over 60% of the world's semiconductors and around 90% of the most advanced chips, making it a critical player in the global tech supply chain.
- China and Taiwan: China follows the One China Policy, asserting that Taiwan is an inseparable part of China and must eventually reunite.
- However, Taiwan sees itself as a self-governing democracy with its own constitution and elected leaders.
- India’s Stand One China Policy: India follows the One China Policy, in 2003 India signed a joint declaration with China recognizing Tibet Autonomous Region as part of the territory of China.
| Read more: China-Taiwan Conflict |
