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Market Talk – January 29, 2021 | Armstrong Economics


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ASIA:
China has warned Taiwan that any attempt to seek independence “means war.” The warning comes days after China stepped up its military activities and flew warplanes near the island. This reaction from China came after new US President Joe Biden reaffirmed his commitment to Taiwan, and set out his stance in Asia. The US has called China’s latest warning “unfortunate”, adding that tensions did not need to lead to “anything like confrontation.” China sees democratic Taiwan as a breakaway province, but Taiwan sees itself as a sovereign state, with its own constitution, military, and elected leaders. ....

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