Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media: Reports of two IOF soldiers killed in military vehicle explosion in Rafah.
Israeli media: Israeli soldier killed, another wounded in explosion in Rafah.
Medical sources in West Bank: Palestinian killed by occupation fire; wounded and left to bleed while ambulance crews were barred from reaching him in Al-Ain refugee camp, west of Nablus.
Hamas: Facts on ground reveal opposite of claims, as occupation authorities were ones who armed criminal gangs that practiced murder and kidnapping against people of Gaza.
Hamas: US Department of State's false claims fully in line with Israeli disinformation.
Hamas responds to US claims in statement, fully rejects US claims of "imminent attack" or violation of ceasefire.
Field sources in West Bank: Israeli bulldozers vandalize Palestinian lands northwest of Nablus.
Field sources in West Bank: Settlers attack Palestinian farmers harvesting olives in Nablus.
Field sources in West Bank: Armed Israeli settlers torch Palestinian vehicles near olive groves in Turmus Ayya north of Ramallah.
Israeli PM Office: Netanyahu has ordered that the Rafah crossing will not open until further notice.

War could disrupt nearly half of global trade: Taiwan FM

  • By Al Mayadeen English
  • Source: Agencies
  • 23 Apr 2023 20:39
3 Min Read

War breaking out between China and Taiwan would, according to Taipei's foreign minister, cause nearly half of the world's trade to become paralyzed.

  • x
  • In this photo provided by the U.S. Navy, the Arleigh Burke-class guided-missile destroyer USS Milius (DDG 69) conducts a routine Taiwan Strait transit on April 16, 2023 (US Navy via AP)
    In this photo provided by the U.S. Navy, the Arleigh Burke-class guided-missile destroyer USS Milius (DDG 69) conducts a routine Taiwan Strait transit on April 16, 2023 (US Navy via AP)

If a war were to break out in Taiwan, more than 40% of the global trade will be disrupted, which would bear terrible repercussions on the whole world, Taiwanese Foreign Minister Joseph Wu claimed on Sunday.

"Most of the countries are sure that this [escalation] will not happen as it would be a disaster not only for Taiwan but for China and the entire world. Economic consequences would be massive," the top diplomat said.

"Look at Taiwan's location — over 40% of goods delivered across the world are shipped through the [Taiwan] strait," he added.

The Taiwanese Foreign Minister highlighted during an interview with the Spanish ABC newspaper that the island is responsible for the production of offer 60% of the world's chips and 90% of the most advanced semiconductors.

"In the event of an escalation around the island, a Third World War could break out," Wu stressed.

This comes amid a period of tension with China heightened by a meeting between Taiwanese President Tsai Ing-wen Tsai and US House Speaker Kevin McCarthy, during a stopover by the Taiwan leader in the United States.

McCarthy was planning on visiting Taipei himself rather than receiving Tsai in California. But the decision to change the plan came to allegedly avoid escalation with China.

Related News

Netanyahu reveals details on Sayyed Nasrallah strike, pagers attack

China accuses US of cyberattacks on national time center

Tsai, who was on an official visit to Latin America, made two stopovers in the US during which she met with house speaker McCarthy and other legislators.

The meeting between the two saw China announcing military drills near the Island.

Wu had warned earlier in the month that Taipei was preparing for a conflict with China in 2027.

"We are taking the Chinese military threat very seriously," Joseph Wu said on LBC's Tonight with Andrew Marr. I believe that 2027 is the year in which we must be serious."

US intelligence alleges that Chinese President Xi Jinping has ordered the country's military to be ready to "annex" Taiwan by 2027, while China's President has been emphasizing that the Taiwan issue "cannot be passed on from generation to generation" since being elected in 2012.

Read next: China can rapidly dominate Taiwan airspace: US leaked docs

Other US officials believe a conflict will occur sooner rather than later. Gen Mike Minihan, a former deputy commander of the US Indo-Pacific Command, stated in January that his "gut" told him to expect a conflict in 2025.

The Taiwanese FM’s comments indicate the extent to which Taiwan plans to bolster support from the West ahead of a so-called invasion. 

In particular, Wu stressed the extent to which the UK – and the rest of the world – is dependent on the semiconductors produced in Taiwan, which makes more than 90% of the most advanced computer chips.

  • United States
  • Taiwan
  • China-Taiwan
  • China
  • Xi Jinping

Most Read

Iran strikes secret Israeli-US bunker under Tel Aviv high-rise

Tel Aviv high-rise struck by Iran hid Site 81, secret US-Israeli base

  • Politics
  • 14 Oct 2025
Palestinian journalist Saleh al-Jaafarawi in an undated image in Gaza, occupied Palestine (Social media)

Gaza Palestinian journalist Saleh al-Jafarawi killed by collaborators

  • Politics
  • 12 Oct 2025
drop site

New report details extensive Israeli arson in Gaza after ceasefire

  • Politics
  • 13 Oct 2025
Illustration of fists breaking shackles, representing the liberation of Palestinian detainees from Israeli prisons. (Illustrated by: AL Mayadeen English/Batoul Chamas)

4 prominent Palestinian detainees to be freed: Who are they?

  • Palestine
  • 13 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Iraqi religious leader Sheikh Jawad al-Khalisi on Al Mayadeen Plus, October 18, 2025 (Screengrab)
Politics

Most powerful decision-maker in Iraq is US: Sheikh Al-Khalisi

Flags of Iran, Russia, and China (IRNA)
Politics

Iran, Russia, China confirm: Iran nuclear issue out of UNSC

Member of the Loyalty to the Resistance bloc Ali Fayyad speaks to Al Mayadeen, October 18, 2025 (Screengrab)
Politics

Hezbollah, allies will reject direct talks with 'Israel': MP Fayyad

The bodies of killed Palestinians held by "Israel" during the war are downloaded from Red Cross vehicles after their release, at the Nasser Hospital in Khan Younis, southern Gaza Strip, Oct. 15, 2025. (AP)
Politics

From rubble to graveyards, Gaza continues recovering its martyrs

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS