China’s ‘punishment’ drills around Taiwan | Monocle

The Briefing

China’s ‘punishment’ drills around Taiwan

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23 May 2024

Episode 3303

32 minutes

China begins two days of joint military drills around democratic Taiwan, we assess how the UK’s snap election announcement has affected the economy, South Korea unveils a record package to support its chip industry and we hear from the founder of Lisbon Design Week. Plus: ‘The Global Countdown’ comes to us from Tanzania.

23 May 2024

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Chapter 1

South Korea unveils a record package to support its chip industry

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South Korea announces a $19bn (€17.5bn) support package for the country’s semiconductor industry, which accounts for 18 per cent of the country’s entire exports.

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South Korea unveils a record package to support its chip industry

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