What will happen to the markets if China invades Taiwan?
  • 10 months ago
U.S. President Joe Biden on Monday praised U.S. Secretary of State as Antony Blinken wrapped up his two days trip to Beijing, where he met Chinese leader Xi Jinping.

What Happened: Speaking to media after a California climate event, Biden said Blinken did "a hell of a job” on his trip to China, the first by a U.S. secretary of state since 2018.

"We're on the right trail here,” the president added.

On Blinken’s trip to China, Xi agreed to "stabilize" deteriorated U.S.-China ties after the state secretary reaffirmed the Asian nation on Washington’s "one China policy" stance and said it does not support Taiwan’s independence.