Market Talk – May 30, 2023
ASIA: Consumer prices in China increased at their slowest pace in two years, indicating deflationary pressure and weakness in domestic demand. The consumer price index rose by only 0.1% in [...]
China has Warned US They Will Attack US Troops in Taiwan
A commentator for the Global Times, reported a threat to the United States last Thursday night, stating that China would not hesitate to engage U.S. forces stationed in Taiwan if the Chinese launched an invasion of the island nation. Indeed, Hu Xijin, formerly the editor-in-chief of the Global Times, reacted to a Wall Street Journal report about U.S. troops traveling to Taiwan. He called it “illegal” and suggested that China would treat them as enemy combatants.
“It’s illegal for these US soldiers to go to Taiwan and the Chinese mainland won’t take any responsibility for their safety,” tweeted Hu. “If we take military action when necessary, they’ll be wiped out together with the resisting Taiwan troops. They can also be eliminated first as the invading army.”
The post China has Warned US They Will Attack US Troops in Taiwan first appeared on Armstrong Economics.
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