Taiwan and the US yesterday announced that they would commence negotiations on a new trade agreement, dubbed the “Taiwan-US Initiative on 21st-century Trade,” signaling a breakthrough after Taiwan was excluded from a US-led regional trade framework.
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| Page 144 of 1494 |
A US military expert said China may be trying to take over Taiwan by using a strategy of “economic entanglement.” Barry Watts, a senior fellow with the Washington-based Center for Strategic and Budgetary Assessments, told a US congressional commission this week: “Why use military force if economic entanglement leading to economic capture is succeeding?” In testimony before the US-China Economic and Security Review Commission, Watts said that the most common scenarios for a conflict between the US and China were built around a Chinese attempt to invade Taiwan. |