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21 Jan 2026
China says trade deal with U.S. will 'drain Taiwan’s economy' for American benefits
Summary
China criticized a recent trade deal between the U.S. and Taiwan, arguing it benefits the U.S. at the expense of Taiwan’s economy. The deal reduces U.S. tariffs on Taiwanese exports and encourages Taiwanese investment in the U.S., particularly in the semiconductor industry. China views this as a strategy to contain its influence and weaken Taiwan’s industrial strength.