Please join the Atlantic Council’s Global China Hub and GeoEconomics Center on Friday, November 17 at 9:00 a.m. ET for the virtual launch of Jeremy Mark and Niels Graham’s new report, “Relying on Old Enemies: The Challenge of Taiwan’s Economic Ties to China”.

While attention to the Taiwan issue normally focuses on Chinese military threats, there is an underlying economic equilibrium in the Taiwan Strait—based largely on complex electronics supply chains—that gives the Taiwanese leverage with Beijing at a moment in which China is experiencing an unprecedented economic downturn. But this mutual dependence also has laid bare homegrown Taiwanese economic vulnerabilities—including to Beijing’s economic coercion—that will require creative policy thinking in the coming years in Taipei, Washington and other capitals that rely on Taiwan’s cutting-edge capabilities in the semiconductor industry.