Summary
- A senior Chinese foreign affairs official said China urged the US to take practical steps to safeguard peace and stability in the Taiwan Strait.
- Markets are watching how US-China relations and Taiwan Strait tensions could affect global supply chains, the semiconductor market and financial markets.
- The Taiwan issue remains one of the most sensitive flashpoints in US-China relations, with the two sides still at odds over trade, technology and security.
Forecast Trend Report by Period
China called on the US to take concrete steps to maintain peace and stability in the Taiwan Strait, as markets watch for any easing in 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 push back against 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 remained at odds over trade, technology and security.
Markets are closely watching how US-China ties and tensions in the Taiwan Strait could affect global supply chains, the semiconductor market and financial markets.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
