(AmericanProsperity.com) – Twitter CEO Elon Musk said in a Friday interview with CNBC that China is currently a geopolitical threat whose main goal is to take over Taiwan. He also said this situation could affect the world economy, as invading this Asian nation would have negative consequences for most businesses.
Musk told journalist David Faber that the Chinese regime’s “official policy” is that Beijing must integrate Taiwan at all costs. He explained these intentions are so clear that “one does not need to read between the lines.” He also explained that even when the world doesn’t want it, “there’s some inevitability” in watching the Chinese regime invade Taiwan in the future. Finally, he claimed this hypothetical invasion would be bad news for “any company in the world.”
Musk’s comments came a day after Berkshire Hathaway revealed in a file it was going to abandon its stake in the $4 billion-worth Taiwan Semiconductor Manufacturing. This decision was quite surprising since this Taiwanese company is the largest chipmaker in the world. In fact, it has reached such massive success that it currently produces most of the semiconductors used by some of the biggest tech companies. These include Qualcomm, Amazon, Google, and even Apple.
Over the last few weeks, Berkshire Hathaway’s CEO Warren Buffet has expressed his concerns over China’s stance against Taiwan. He even said in an interview this situation was “a consideration” in his decision to sell the shares during the past two fiscal quarters. He also explained that even when this company was “marvelous,” he needed to reevaluate his position because of “certain things that were going on.”
Since Russia invaded Ukraine in 2022, many world leaders have expressed concerns over the possibility that China does the same with Taiwan. Political analysts have been pointing out there’s a significant possibility this will happen, which could lead to a geopolitical crisis where China could reinforce its regional position.
Copyright 2023, AmericanProsperity.com