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BUSY WATERWAY: Shutting down transport routes due to Beijing’s live-fire exercises affects not only Taiwan, but also trade flows to Japan and South Korea, an analyst said/ Bloomberg
Shippers rerouted vessels as China began its most provocative military drills in decades around Taiwan, with at least one owner barring ships from transiting the Taiwan Strait. The maneuvers, in response to US House of Representatives Speaker Nancy Pelosi’s visit to Taiwan this week, are taking place in six areas surrounding Taiwan, and China advised ships and aircraft not to go near the regions. The drills began yesterday at noon and were set to last until Sunday. Ships continued to travel through the Taiwan Strait yesterday, according to data compiled by Bloomberg. While the data showed a...
China's planned live-fire exercises are occurring in an incredibly busy waterway. (Representational)Chinese military exercises around Taiwan are set to disrupt one of the world's busiest shipping zones, analysts told AFP, highlighting the island's critical position in already stretched global supply chains.The drills -- China's largest-ever around Taiwan -- are a major show of strength after
Chinese military exercises around Taiwan are set to disrupt one of the world’s busiest shipping zones, analysts told AFP, highlighting the island’s critical position in already stretched global supply chains.
BEIJING, China -- China has launched a volley of trade curbs against Taiwan in addition to live-fire military drills, as US House Speaker Nancy Pelosi visited the island despite Beijing's warnings. This handout taken and released by Taiwan's Presidential Office on August 3, 2022 shows US House S