The Democratic Progressive Party(DPP) authorities on Taiwanisland used TSMC’s investment in the US as a “token of allegiance” in its strategy of relying onthe US to pursue “Taiwan independence,” which has shamelessly aligned itself with the US, assisting the US in seizing control of the Taiwan island’s competitive industries, Chen Binhua, a spokesperson for the State Council Taiwan Affairs Office, said at a press briefing on Wednesday in Beijing.

Chen made the remarks, while responding to a media question regarding heightened concerns in Taiwanover a tendency that TSMC is turning into “USMC.”

“The DPP authorities’ move is abandoning the roots of industries and sacrificing the island interests in exchange for so-called ‘support’ from the US.The further the DPP authorities goes down on this wrong path, the more the concerns of the people on the island will become a reality,” Chen said.

According to media reports, TSMC plans to inject an additional $20 billion into its US subsidiary to build 12-inch wafer fabs and advanced packaging plants. This marks the sixth time that DPP authorities on the Taiwan island has approved TSMC’s investment in its US subsidiary, bringing the total approved investment to a total of $44 billion.