A congr e ssional commission has warned lawmakers a war over Taiwan could be “cataclysmic” for the global economy, potentially slashing global GDP by as much as 10 percent.

The US will not “punish” Taiwan’s world-leading semiconductor sector with high tariffs, a minister has said, adding that Taipei would help the US learn from the industrial model that turned it into a chipmaking powerhouse.

China's Taiwan Affairs Office did not immediately respond to a request for comment, but on Wednesday it denounced the handbook as being "full of lies and distortions" and an attempt to "intimidate and coerce the people of Taiwan and spread fear of war".

Taiwan's president should take part in "rehearsals" focused on potential enemy movements in order to make more informed decisions during wartime, retired Ukrainian Air Force Colonel Andrii Ordynovych said in an interview with the Central News Agency, which is partially funded by Taiwan's government.

OpenAI and Taiwan electronics giant Foxconn have agreed to a partnership to design and manufacture key equipment for artificial intelligence data centers in the U.S. as part of ambitious plans to fortify American AI infrastructure.

A film about the early part of Taiwan's often brutal martial law era won best picture on Saturday in Taipei at the Golden Horse awards, the Chinese-speaking world's version of the Oscars.

Tension between Japan and China has escalated over the new Japanese leader's suggestion Tokyo could intervene militarily if Beijing attacks Taiwan.

TAIPEI (Reuters) -China is rehearsing for a potential invasion of Taiwan using a shadow navy of civilian cargo ships and ferries, according to a Reuters investigation that tracked vessel movements and analyzed satellite imagery of military exercises conducted this summer.