Keyu Jin

And I think Chinese people also really...

They really care about peace and stability.

Chaos is just not part of what they think is good for them.

The role that TSMC plays is so critical, given the choke point they have on the rest of the world in the semiconductors industry, which we know is one of the most important industries sustaining the economy, not to mention things like AI and technologies.

Look, you know, the U.S.

has been trying to build another TSMC outside of Taiwan.

It's very, very, very slow, right?

There are a lot of cumulative knowledge, experience and skills that are involved.

It's not that easy, right?

The Chinese don't want to see an eruption of TSMC either, because, again, it's vitally important for everybody.

Whilst I don't think that this is really necessarily a bargaining chip, because if you really see what the Chinese thinks about Taiwan, it goes beyond economics.

It goes beyond the logical.

It is about realizing a dream, which...

Even I, I tended to not place enough importance.

But when I talked to the young people in China, I realized that it's still their dream.

Well, this is the trend that you need to manufacturing things that are important for national security.

It's not efficient, but it's so-called strategically safer.

It's probably one of the most radical policies that China has enacted in its history.

And the enforcement was very strict.

In my class, nobody had a sibling except my friend, who was a Uyghur.