When China invaded Taiwan, South Korea's economy suffered ”massive damage”...Estimated ”GDP decline of 23%”

``If China were to invade Taiwan, it would cause damage to the world economy that would reduce GDP (gross domestic product) by 10 trillion dollars (approximately 1,438 trillion 143.5 billion yen).''
``South Korea in particular would see its GDP decline by more than 20% if a war broke out between China and Taiwan, making it the country that would suffer the second-largest economic damage after Taiwan, which is a party to the war.'' It was done.
On the 9th (local time), an economist from the US Bloomberg news agency said that the geopolitical crisis in Taiwan would intensify in two ways: ``if a war breaks out'' and ``if China embarks on a blockade of Taiwan without a war.''
We assumed two scenarios and published the results of our analysis of the economic damage caused by them. In a war outbreak scenario in which China invades Taiwan and the United States intervenes,
It is estimated that the economic damage to Taiwan will reach 40% of GDP. Bloomberg said, ``Taiwan's population and industrial facilities, concentrated on the coast, would suffer both human losses and economic costs if war broke out.''
It will increase usage," he said. It was estimated that the economic damage to China, a party to the war, would reach 16.7% of GDP. Relationships with major trading partners such as the United States have been disrupted.
This is because it will become impossible to approach cutting-edge semiconductors. ``The United States also faces economic hardship due to the war, as major companies such as Apple are highly dependent on supply chains in China and Taiwan.
It is estimated that the economic damage will reach 6.7% of GDP. Bloomberg estimated that the impact on the global economy would reach $10 trillion, or 10.2% of GDP.
In particular, Bloomberg estimated that ``South Korea, Japan, and other East Asian countries will suffer the most damage,'' and ``South Korea's GDP will decline by 23.3%.'' Continuing, ``Korea is
The economic damage suffered will be the second largest after Taiwan (40.0%), which is the affected country." This is a greater damage than Japan (13.5%) or China (16.7%).
It is. On the other hand, in a scenario in which ``China embarks on a blockade of Taiwan without starting a war,'' it is estimated that ``the scale of economic damage would be less than in a scenario in which a war breaks out.'' GD as economic damage
The decrease in P was 12.2% for Taiwan, 8.9% for China, and 3.3% for the United States, and the scale of the damage to the world economy's GDP was judged to be 5%.