• AutoTL;DRB
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    33 months ago

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    “This reality, paired with Xi’s unease with the status quo and his determination to make progress toward unification, increases the risk of a conflict,” wrote the task force, co-chaired by Mike Mullen, a former chairman of the Joint Chiefs of Staff, and Sue Gordon, a former principal deputy director of national intelligence.

    On Tuesday, China’s central bank lowered lending rates for the first time in 10 months, a cut widely regarded as another sign that Chinese policymakers are increasingly concerned about the country’s economic forecast.

    While the two powers agreed to maintain lines of communications, Blinken’s trip reaffirmed divergent views on the future of Taiwan, with China’s top diplomat Wang Yi stating Beijing has no space for compromise or concession on the island.

    When Taiwanese President Tsai Ing-wen met U.S. House Speaker Kevin McCarthy in California in April, Chinese authorities announced possible inspections of cargo ships in the Taiwan Strait.

    The task force called on the U.S. departments of State and Commerce to identify China’s “most vulnerable industries” and determine “which sanctions would apply maximum pressure on Beijing,” and then share those findings with the other members of the proposed alliance to take coordinated actions.

    “The future of the world’s most economically critical region could very well hinge on whether the United States succeeds in deterring China and maintaining peace in the Taiwan Strait,” said the task force.


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