News Snapshot:
China may never “reunify†with Taiwan now that the central government in Beijing has tightened its control over Hong Kong, one strategist said on Monday. “In a sense, the big price that China’s paying for Hong Kong is actually Taiwan,†David Roche, president and global strategist at consultancy Independent Strategy, told CNBC’s “Squawk Box Asia.†China claims Taiwan as part of its territory and sees the democratic self-ruled island as a runaway province. The Chinese Communist Party has never governed the island, but has sought to push Taiwan to accept Beijing’s rule under a “one country, two systems†framework. Hong...
