When people talk about how the PRC invading #Taiwan could affect the global economy, most people only think of TSMC and their chip production. But during the pandemic another product from Taiwan was also scarce. If the PRC invades, you may be screwed...
Securing the Future in the Kingdom of Screws - Taiwan Business TOPICS
Today Taiwan is the world’s third-largest fastener exporter, with an export value of around US$6 billion in 2022, accounting for 13% of global production. It is also the largest exporter of fasteners to North America, with annual exports worth US$1.1 billion.
Just saying, there's much more to Taiwan than chips...