Taiwan Affairs Office slams DPP for 'selling out' Taiwan amid concerns of TSMC being USMC in island

In response to a recent joint announcement by U.S. President Donald Trump and Taiwan Semiconductor Manufacturing Company (TSMC) CEO C.C. Wei that TSMC will invest at least another $100 billion in the U.S., sparking concerns on the island that TSMC is turning into "USMC," while DPP authorities claimed the move benefits the industry and dismissed such concerns as unnecessary, Chen Binhua a spokesperson of the State Council Taiwan Affairs Office said at a press conference on Wednesday that the DPP’s claims of the move being ‘beneficial to the industry’ actually mean beneficial to the U.S. industry. 

In an attempt to “rely on the U.S. to seek independence,” the DPP authorities are shamelessly ‘selling out Taiwan’ with no limits. The U.S. is tightening its grip, hollowing out TSMC and draining Taiwan island, while the DPP authorities allow themselves to be at the mercy of others. Have they ever considered the well-being of the Taiwan people and the interests of the industry, Chen said.

Taiwanese people’s concerns about TSMC becoming ‘USMC’ are far from “groundless worries." Taiwan's transformation from a "pawn" to a "discarded piece" is inevitable, the spokesperson said.