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China Taiwan Conflict A Global Economic Catastrophe

Mount Equity Group Tokyo Japan > News > Markets > China Taiwan Conflict A Global Economic Catastrophe

The United States of America did it again. After leaving Afghanistan in chaos, the visit of Nancy Pelosi, Speaker of the US House of Representatives to Taiwan, has created a stir in Asia and economic concerns across the globe. 

On 02 August 2022, Pelosi said that the United States delegation’s visit to Taiwan honours America’s unwavering commitment to supporting Taiwan’s vibrant democracy. 

Expectedly, the Chinese foreign ministry condemned Pelosi’s visit and said it seriously damages peace and stability in the Taiwan Strait.

The US should abandon any attempt to play the Taiwan card and faithfully abide by the one-China principle. If the US insists on its way, all the serious consequences will be the US’ responsibility, the…

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