Following U.S. Speaker of the House Nancy Pelosi’s visit to Taiwan, China has initiated unprecedented military exercises surrounding Taiwan, leading some experts to call this the beginning of the Fourth Taiwan Strait Crisis. As we watch the military activities unfold, how is the PLA using force against Taiwan, and what are the larger strategic implications? On Monday, August
China established a new baseline in pressuring Taiwan politically with its most recent exercises, a panel of security experts said Monday. Following House of Representatives Speaker Nancy Pelosi’s (D-Calif.) visit to Taiwan, China’s military conducted exercises that involved firing missiles over and around the island and sending fighter and strike aircraft and naval vessels repeatedly across […]
Risk off had attained powerful momentum globally back in July. De-risking/deleveraging dynamics were increasingly fomenting illiquidity, contagion and instability across global markets.