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Jan 10, 2024, 02:39PM IST Source: TOI.in. Taiwan is set to hold elections on January 13 to choose a new president and parliament, taking place against the backdrop of a more assertive China.
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Sam Yeh/AFP/Getty Images. A war over Taiwan could wipe out 6.7% from the US economy in its first year, according to a Bloomberg Economics analysis. The US economy could take a 3.3% hit to its GDP.
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With China intensifying its rhetoric on its claim over Taiwan, global observers are billing this Taiwan election as highly pivotal for security in the Asia-Pacific at a time of testy U.S.-China.
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Taiwan's top diplomat said if China is "so interested in playing with democratic elections, they should start doing their own.". The rocket "unexpectedly flew over" the 100-mile Taiwan Strait.
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Taipei, Taiwan - In what is set to be a historic year for elections worldwide,. China remains Taiwan's top trading partner. Cross-strait trade was valued at $205.11bn in 2022, according to.
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The affidavit, dated February 2022, said SI Innotec's support of Taiwan "directly impacts the overall security of South Korea" because it risked provoking "economic retaliation" from China.
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Taiwan, long a melting pot of Asian and European cultures, was a Japanese colony for 50 years until 1945, when it was handed over to Chiang Kai-shek's Chinese Nationalist government at the end.
