Doing so will allow the United States to emerge on the other side of a China/Taiwan war with our global military and economic power intact. That leaves as the best option something most Americans find unsatisfying: refuse to engage in direct combat against China on behalf of Taiwan. But the worst case is a conventional war spirals out of control and escalates into a nuclear exchange.
The most likely outcome would be a conventional defeat of our forces in which China ultimately succeeds, despite our intervention – at the cost of large numbers of our jets being shot down, ships being sunk, and thousands of our service personnel killed. The best that could be hoped for would be a pyrrhic victory in which we are saddled with becoming the permanent defense force for Taiwan (costing us hundreds of billions a year and the equally permanent requirement to be ready for the inevitable Chinese counter-attack). We must resist this temptation.Īs I have previously detailed, there is no rational scenario in which the United States could end up in a better, more secure place after a war with China. In the event of an actual attack, there would be enormous pressure to fast-track such a bill to authorize Biden to act. In a speech at the Center for Strategic Studies last Friday, the deputy secretary of defense, Kathleen Hicks, said that if Beijing invades Taiwan, “we have a significant amount of capability forward in the region to tamp down any such potential”.Įither Hicks is unaware of how little wartime capacity we actually have forward deployed in the Indo-Pacific or she’s unaware of how significant China’s capacity is off its shores, but whichever the case, we are in no way guaranteed to “tamp down” a Chinese invasion of Taiwan.Įarlier this year, Senator Rick Scott and Representative Guy Reschenthaler introduced the Taiwan Invasion Prevention Act which, Representative Reschenthaler said, would authorize “the president to use military force to defend Taiwan against a direct attack”. The prevailing mood in Washington among officials and opinion leaders is to fight if China attempts to conquer Taiwan by force. Either choose a bad, bitter-tasting outcome or a self-destructive one in which our existence is put at risk. It needs to be said up front: there would be no palatable choice for Washington if China finally makes good on its decades-long threat to take Taiwan by force.
Skadden, Jones Day advise on $3.Bluntly put, America should refuse to be drawn into a no-win war with Beijing.Jones Day grows in SG with K&L Gates hires.With aggressive and cashed-up companies such as Samsung Electronics entering the market, smaller players are now trying to find ways to boost their presence. Reuters cited Nomura Research as saying that demand for devices such as the ones Mediatek and MStar manufacture could increase up to 40 percent annually until 2014.
The transaction value is about 115 billion New Taiwan Dollars ($3.83 billion). The company is looking to purchase between 212 million and 254 million MStar shares (or 40 percent to 48percent of MStar's outstanding shares) for 0.794 MediaTek shares and NT$1 in cash per MStar share. The offer comes as Mediatek aims to boost its competitiveness in the fast-growing market for chips that power mobile devices and new gadgets like smart TVs. Jones Day has represented Taiwanese chip designer Mediatek on its offer to buy rival MStar Semiconductor, with Lee and Li representing the prospective acquiree.
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