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Possible Answers:
TIER.
Last seen on: The Guardian – Cryptic Crossword No 28,495 – Jul 12 2021
Random information on the term “TIER”:
The economy of Taiwan is a highly developed capitalist economy with most government firms being privatized. It is the seventh largest in Asia and 20th-largest in the world by purchasing power parity allowing Taiwan to be included in the advanced economies group by the International Monetary Fund and gauged in the high-income economies group by the World Bank. Taiwan is the most technologically advanced computer microchip maker in the world.[21][22][23][24]
Taiwan has transformed itself from a recipient of U.S. aid in the 1950s and early 1960s to an aid donor and major foreign investor, with investments primarily centered in Asia. Private Taiwanese investment in mainland China is estimated to total in excess of US$150 billion,[25] and official tallies cite Taiwan as having invested a comparable amount in Southeast Asia.
Taiwan has historically benefited from the flight of many well-educated, wealthy Chinese to settle on the island: during early Qing Dynasty, the preceding Ming dynasty supporters survived for a brief period of time in exile in Taiwan, and in 1949, as the Chinese Communist Party gained control of mainland China, two million Kuomintang (KMT) supporters fled to the island.[26][27][28]