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Xi, Biden and the $10 Trillion Value of Struggle Over Taiwan

Xi, Biden and the  Trillion Value of Struggle Over Taiwan
January 10, 2024



Struggle over Taiwan would have a value in blood and treasure so huge that even the ones unhappiest with the established order have reason why to not chance it. Bloomberg Economics estimate the fee tag at round $10 trillion, equivalent to about 10% of world GDP — dwarfing the blow from the struggle in Ukraine, Covid pandemic and World Monetary Disaster.China’s emerging financial and armed forces heft, Taiwan’s burgeoning sense of nationwide identification, and fractious family members between Beijing and Washington imply the stipulations for a disaster are in position. With cross-Strait family members at the poll, Taiwan’s Jan. 13 election is a possible flashpoint.

OpenAI
Author: OpenAI

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