China-Taiwan War Would Spark Economic Crisis

China’s military exercises in the waters around Taiwan this month — the largest in almost three decades — highlight the growing risk of a total breakdown in United States-China relations. A full-scale invasion of Taiwan is one eventuality; last year, the C.I.A. director, William Burns, noted that China’s president, Xi Jinping, has instructed his armed forces to be ready for an invasion by 2027. Read Full Article »