News Taiwan Promises to Protect Local Chipmakers in Chip 4 Group

"In a bid to develop next-generation semiconductor technologies, foster cooperation, build a resilient chip supply chain, and better compete against growing Chinese semiconductor prowess, the three Asian countries and their U.S. allies have to somehow work together despite various controversies. "

Finally the free nations of the world,
have figured out how vulnerable they are
to China,

especially if China takes Taiwan.
 
Funny Taiwan acting all high and mighty in the face of certain doom. They should be making friends instead of being standoffs
Yes, but...

When you're brave enough to stare down the barrel of the Chinese tank, I can understand not wanting others to exploit your vulnerable position.

To me, their position is sensible. They're merely saying they'll cooperate to ensure truly common interests, but that's it. As for "fall-back" plans, TSMC has announced fabs in the US, Japan, and I seem to recall somewhere in Europe.