If China Invades Taiwan, It Would Cost World Economy $10 Trillion

War over Taiwan would have a cost in blood and treasure so vast that even those unhappiest with the status quo have reason not to risk it. Bloomberg Economics estimate the price tag at around $10 trillion, equal to about 10% of global GDP – dwarfing the blow from the…

U.S. House Speaker Nancy Pelosi lands in Taiwan, China warns of countermeasures

U.S. House Speaker Nancy Pelosi has arrived in Taiwan despite threats from Beijing of serious consequences U.S. House Speaker Nancy Pelosi has arrived in Taiwan despite threats from Beijing of serious consequences United States House Speaker and veteran Democratic politician Nancy Pelosi arrived in Taiwan on Tuesday evening, marking the…