In response to anonylizard: "TSMC is banned from exporting high-end chips to China."
It's amusing that it's US, defender of trade freedom, who gives orders to Taiwan, with who to trade?
"The Taiwanese want to be an US ally, and not end up destroyed like Hong-Kong, hence they'll comply with US sanctions."
Why would they want that, if they have 60% or more of their trade with China, share culture, and are closer to them? I think it's also a misconception that Hong-Kong got destroyed, but I am not sure. Obviously it has not the same economic weight in the West as it used to, but that is true for all former colonies.
Look, I agree that it would be better if China was a liberal democracy (although I also believe that liberal democracy has only limited effect on limiting imperialism, as is obvious from the British and US example). But if the Taiwanese people will be forced to choose between economic depression (due to some more sanctions on trade with China) or losing democracy, I sure hope, for the sake of their future, they will choose the latter. And I am worried US will force them to make this decision, exactly for the reason of "national pride, prestige, and face".
If you're using the economy as a weapon it makes complete sense for Taiwan to block those ties.
1. Because they say they will.
2. Their military spending backs up what they're saying. It's not just hot air from politicians, they really are committed to building the ability to take Taiwan by force.
It depends on who you ask.
Foreign entities who used to operate politically in Hong Kong got obliterated due to the national security law. (Yes, it used to be "legal" for foreign entities to do funny things with the intention of subverting Chinese interests in PRC soil. Imagine that!)
Hong-Kongers who refused to believe the PRC (and CCP) were ultimately in power after 1997 had their dreams and illusions "destroyed". Many migrated elsewhere.
(And then there's aftershocks due to COVID policies having to align with mainland China's, and financial/property markets being tied to China which is currently kind of struggling, but the causation with post-2019 politics is not very clear.)
Personally, I think the doomer narrative w.r.t. Hong Kong is overblown, unless you fall into the two categories above.
That's your opinion, not theirs. The CCP has staked its legitimacy on their ability to "unify China" (take Taiwan by force) and they've been spending a great deal of money to develop the necessary military capability. This is true whether or not you think their desire seems rational.
And by the way, it's not about computer chips. It never was. The computer chips thing is techy tunnel vision, tech people see the tech thing as the important thing, but China has wanted to take over Taiwan for far longer than Taiwanese chips have been at all relevant. It's not about chips; it's about national pride, prestige, and face.