Taiwan tensions

Taiwan blockade's cost would be felt wider than COVID: U.S. official

Chinese action would deliver $2.7tn hit to global economy in 1st year, think tank says

KEN MORIYASU, Nikkei Asia diplomatic correspondent
October 7, 2023 05:43 JST

WASHINGTON -- If China were to impose a blockade on Taiwan, the global economic impact would far outweigh the shutdowns caused by COVID-19, a senior U.S. official has warned.

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