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Taiwan Stocks Decline as US-China Tensions Sap Risk Appetite

  • Benchmark Taiex falls as much as 2.1%, TSMC slides 3.1%
  • Investors worried about escalating US-China tensions

Taiwan stocks fell after an expected visit by US House Speaker Nancy Pelosi renewed concerns over an escalation of US-China tensions.

The benchmark Taiwan Stock Exchange Weighted Index declined as much as 2.1%. Shares of Taiwan Semiconductor Manufacturing Co. sank 3.1%.