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Girding for War, Taiwan Must Also Invest In Its Economic Future

A survival strategy includes nurturing a new generation of leaders focused on more than defying China’s intentions to subjugate the island.

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By Bolaji Ojo

What’s at stake:
As Taiwan braces for a possible takeover by China, it must simultaneously ensure it can build upon decades of economic gains in semiconductors and services.

Taiwan is caught between the proverbial rock and hard place. It is preparing for two mutually exclusive futures, one of which is the preferred option and the other a fearful possibility it is hoping allies can help it fend off. The island could preserve its democratic, peaceful and prosperous existence or slide into the tortuous unknown of a military confrontation with China over Beijing’s demand for reunification with the mainland.

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