China Urges US to Take Concrete Steps to Safeguard Peace in Taiwan Strait
Summary
- China said it hopes the US will take concrete steps to safeguard peace and stability in the Taiwan Strait.
- Markets are watching the impact that US-China relations and tensions in the Taiwan Strait could have on global supply chains, the semiconductor market and financial markets.
- The Taiwan issue is one of the most sensitive core issues in US-China relations, with the two countries recently remaining at odds over trade, technology and security.
Forecast Trend Report by Period
China urged the US to take concrete steps to maintain peace and stability in the Taiwan Strait, as markets watch for signs of easing tensions between Washington and Beijing.
Walter Bloomberg reported on May 15 that a senior Chinese foreign affairs official said Beijing hopes the US will take "practical measures" to safeguard peace and stability in the Taiwan Strait.
China has recently continued to oppose expanded US support for Taiwan and moves to deepen military cooperation.
The Taiwan issue remains one of the most sensitive flashpoints in US-China relations.
The two countries have recently remained at odds over trade, technology and security.
Markets are closely watching how US-China relations and tensions in the Taiwan Strait could affect global supply chains, the semiconductor market and financial markets.
JH Kim
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