Why should we care that Beijing has suspended tariff relief for 12 Taiwanese petrochemical products? The move certainly lacks the fear factor which Chinese military manoeuvres around Taiwan generate – exercises which have become more routine and grander in scale during 2023. Yet China’s economic warfare against Taiwan is just as pernicious. It is also premeditated, with moves on this front aligning with key moments in Taiwan’s political calendar and developments in the country’s relationship with the United States.
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