Uploaded October 2025 | Updated September 2026, 1 hour ago
On paper, Beijing commands $3.3T in FX reserves—more than enough to cover a control stake in TSMC (~$1.5T market cap). In practice, a takeover would run into a wall of Taiwanese law, U.S./EU security reviews, and export-control chokepoints that power TSMC’s dominance.
Footage: Shutterstock
Inquiries: behindasian@gmail.com
Brought to you by the Behind Asian Team.
On paper, Beijing commands $3.3T in FX reserves—more than enough to cover a control stake in TSMC (~$1.5T market cap). In practice, a takeover would run into a wall of Taiwanese law, U.S./EU security reviews, and export-control chokepoints that power TSMC’s dominance.
Footage: Shutterstock
Inquiries: behindasian@gmail.com
Brought to you by the Behind Asian Team.
