US and China at odds over Taiwan

CNBC November 20, 2023, 05:00 PM UTC
Significance6.5
Scale8.0
Magnitude7.5
Potential8.5
Novelty7.0
Actionability4.0
Immediacy9.0
Credibility9.0

US Treasury Secretary Janet Yellen stated that US President Biden and Chinese President Xi Jinping remain at odds over Taiwan's status after their meeting at the Asia-Pacific Economic Cooperation conference. China insists on unification, while the US maintains Taiwan's self-governing status. Military tensions are rising, with US officials warning of a potential Chinese attack by 2027. The US proposed a $105 billion aid package, including $2 billion for Taiwan, despite risking relations with China.

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