News Snapshot:
On Monday, China’s eastern theatre command announced that it was extending the military manoeuvres surrounding Taiwan, which began following the controversial visit to the territory by the US House speaker Nancy Pelosi. The four-day exercises which were to terminate on Sunday, were an effort to demonstrate that China could blockade the island and disrupt global trade. Taiwan is a critical part of the global supply chains dealing with microchips and semiconductors, which go into everything ranging from mobile phones to electric cars. In the last four days, the Chinese had curated their exercises to send some unvarnished messages to deter...