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It sounds like US sanctions and other trade measures against China are really starting to bite.
I very much doubt they will ever invade Taiwan, the resulting sanctions would destroy their economy.
I’m worried a failing economy could actually motivate them to get into war to divert the people’s attention and stay in power, I think it’s a common political tactic.
Just look at Russia
I read this as preparation for round two of the USA’s China tariff boogaloo
The Biden Administration was “Round Two”, the return of Trump will bring Round Three.