TokyoTokyo Mon - Fri 10:00-18:00 +81 (366) 701-751
info@mountequitygroup.com

How China Could Choke Taiwan’s Economy With a Blockade

Mount Equity Group Tokyo Japan > News > Markets > How China Could Choke Taiwan’s Economy With a Blockade

For decades, Beijing has had its sights on Taiwan, the self-governing island that China claims as its own. It has built up the People’s Liberation Army with the goal of ultimately taking Taiwan, if efforts to unify peacefully fail. It has modernized its forces, developing the world’s largest navy that now challenges American supremacy in the seas around Taiwan.

While China likely still lacks the ability to quickly invade and seize Taiwan, it could try to impose a blockade to force the island into concessions or as a precursor to wider military action. In this scenario, China would attempt to subdue Taiwan by choking it and its 23 million people in a ring of ships and aircraft, cutting it off physically, economically and even digitally.

China tried to use its military exercises this month to signal confidence in the People’s Liberation Army’s ability to encircle Taiwan. The military fired ballistic missiles…

Read more…