China and Taiwan

thw link below leads tp an article posted in the magizine, The Economist. It concerns Nancy Pelosi’s visit to Taiwan. Prceding the link os an excerpt from the article.

“For more than a decade, first as vice-president and now as president, Joe Biden has told the Chinese that the only thing worse than an intended conflict is an unintended one. The accident he feared may now be materialising. A visit by Nancy Pelosi, the speaker of the House of Representatives, to the self-governing island of Taiwan has enraged the rulers of mainland China, who claim it, and wrong-footed the Biden administration. Some are already speaking of the “Fourth Taiwan Strait crisis”, which is liable to be worse than the third confrontation of 1995-96.”

Published by Stephen Banicki

Spent bulk of my career in real estate finance field overseeing a financial institution in Michigan. Am also a former CPA and presently active in commercial real estate lending on multi- million dollar projects.

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