Chinese military exercises near Taiwan pose a risk to international trade


Source: bollyinside.com bollyinside.com

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China’s live-fire military exercises around Taiwan threaten to disrupt East Asian trade and commerce, forcing ships to stray from one of the world’s busiest waterways, further straining strained global supply chains. I’m applying pressure. On Thursday, China began exercises involving its navy, air force and other forces in the waters and airspace around Taiwan. The unprecedented number of drills is a direct show of force in response to US House Speaker Nancy Pelosi’s visit to the autonomous islands Beijing has repeatedly warned about. China’s defense ministry released a map of her six zones around the island on Tuesday. There, air...