Nikkei Asia Profile picture
Jun 6 4 tweets 3 min read Twitter logo Read on Twitter
Could the world live without #Taiwan's tech supply chain?

Take a look inside the ubiquitous #iPhone to understand how Taiwan became the indispensable economy.

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The iPhone's success rests on a sprawling Asian supply chain. At its heart lie both mainland China and Taiwan.
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For all the talk of decoupling, trade between the U.S., China and Taiwan tells a different story.
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Fearing a potential conflict in Asia, Western companies are looking to move production out of Taiwan.

But severing ties with the self-ruled island is not so easy.

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More from @NikkeiAsia

Dec 2, 2021
'PORTIONS ARE DIFFERENT' | GLOBAL PRICE HIKES UNSETTLE STOMACHS

Months into the worst inflation in decades, food price hikes are forcing consumers around the world to make difficult choices, and governments are feeling the pressure.

@mhunterhart reports

s.nikkei.com/2ZM7pvJ
The UN's Food and Agriculture Organization updated its food price index on Thursday, showing the highest numbers since June of 2011. Food commodity prices in November rose 27.3% above the same time last year. Image
"It's at the point where we question, 'Do we need to eat a vegetable today?'" said one resident of central Sri Lanka, where the UN has issued a high-alert price warning.
Read 5 tweets
Jun 26, 2021
CHINA's EAST AFRICA HUB | TANZANIA

1/ On Saturday, Tanzanian President Samia Suluhu Hassan said the country will look to restart the $10 billion Bagamoyo Port project with China.

@kenmoriyasu
asia.nikkei.com/Politics/Inter…
2/ Xi visited Tanzania one week after becoming president in 2013 to kick off the Bagamoyo Project.

Beijing's state planners believed that the Indian-Ocean-facing country could be the main gateway to China.
3/ But Beijing's demands soured the deal. Among the reported conditions were requests that no other port be built in Tanzania.
China is also thought to have said Tanzania "should not question" whoever comes to invest there once the port is operational.
Read 5 tweets
Feb 25, 2021
"Our supply chains can't be used against us as leverage," President Joe Biden said before signing the executive order, in an apparent allusion to China's role in American supply chains.
s.nikkei.com/3qRkhcg
Biden's latest executive action comes as a global semiconductor shortage takes a heavy toll on automakers, with American giants such as Ford Motor and General Motors projecting billions in lost earnings this year due to reduced output.
One aspect the Biden administration has highlighted is Washington's intention to work with like-minded partners and allies to build resilience in technology supply chains.
s.nikkei.com/2ZKzW18
Read 5 tweets
Jul 23, 2020
Amidst escalating tensions with Beijing, @SecPompeo's delivered a speech at @NixonLibrary.

Titled “Communist China & the Free World’s Future”, the speech is an important landmark in U.S.-China bilateral ties.

Selected by our editors, this thread features Pompeo's direct quotes.
"Just this week we closed down China's consulate in Houston because it was a hub of spying and IP [intellectual property] theft" - @SecPompeo
"Today we sit wearing masks and watching the pandemic’s body count rise because the CCP failed in its promises... reading new headlines of repression in Hong Kong and Xinjiang...seeing staggering statistics of Chinese trade abuses that cost American jobs..." - @SecPompeo
Read 21 tweets

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