Taipei Representative Office in the United Kingdom

Lord Howell of Guildford Excerpts

Monday 25th November 2024 Lords Chamber

[Baroness Chapman of Darlington (Lab)]

My Lords, we value the work of the WHO and the contribution that Taiwan has made through the World Health Assembly. We will continue to support its participation, because we believe that everyone who has something to contribute to this important organisation and its work should be supported in doing so.

[Lord Howell of Guildford (Con)]

My Lords, the Chinese say that, if necessary, they will surround and besiege the island of Taiwan in three hours. That is their estimate and they have positioned forces to do it. They will then be surrounding an island that produces about 39% of the world’s larger industrial chips and probably an even greater percentage of domestic microcircuits, which really create the modern world, so we would be in a very serious position. Can we work closely with the Taipei Representative Office here and all our Taiwanese friends to foresee and prepare for the problems with such a situation in various ways, including by developing our own microchip industries 10 times more vigorously?

[Baroness Chapman of Darlington (Lab)]

The noble Lord is right to remind us of the precariousness of a situation arising such as he describes. It would be very dire indeed for the world economy. It would take around 10% of the world’s GDP, and no country, including China, would be immune to that impact.