98% of the market share in semiconductor manufacturing. However, it's important to note that the design of semiconductors often happens in the United States and other countries, while Taiwan excels in the manufacturing aspect. So, the U.S. has a significant stake in Taiwan's semiconductor industry.
If China were to take control of Taiwan, it would have a major impact on global supply chains, especially in the tech industry. The U.S. and other countries would likely respond with strong diplomatic and economic measures, such as sanctions and trade restrictions. However, the military option is unlikely due to the risks involved with confronting a nuclear-armed nation like China.
In summary, the U.S. has substantial business interests in both China and Taiwan, but the semiconductor industry's significance makes Taiwan's stability a critical concern for many countries. The response to a Chinese takeover of Taiwan would likely focus on diplomatic and economic measures to protect these interests while avoiding direct military confrontation.
Here are the key facts extracted from the text:
1. Ray Dalio has a theory of the big cycle that predicts the collapse of empires based on six phases and economic indicators.
2. The core of the Sun has a temperature of 15 million degrees kelvin, while the Korean nuclear fusion reactor achieved 100 million degrees Celsius for 30 seconds.
3. Kondratiev was a Soviet economist who proposed a wave theory of interstate and intrastate conflict based on a 25-year cycle that expands over time.
4. The next peak of conflict according to Kondratiev's wave is around 2024-2025 and it will be popular inside the United States.
5. China may make a legal move on Taiwan similar to what they did in Hong Kong, and the United States may not intervene militarily because of China's nuclear power and economic interests.
6. Taiwan has the market share in semiconductor manufacturing, but the United States has the intellectual property and is trying to bring the Taiwanese company to its own territory.
7. The world could look very different in 10 to 20 years according to economists, and China may become the economic superpower by 2033.