Following a meeting with Xi Jinping , Secretary of State Antony Blinken reaffirmed Monday that the United States continues to uphold the “One China” policy and that it does not favour Taiwanese independence.
In a press conference on Monday, Blinken stated, “We do not favour Taiwan independence. “We continue to be opposed to any unilateral modifications made by any side to the status quo. We still anticipate the peaceful settlement of cross-strait disputes. We are still dedicated to carrying out our obligations under the Taiwan Relations Act, such as guaranteeing Taiwan’s capacity for self-defense.
Nevertheless, Blinken continued, “We and many others are deeply concerned about some of the provocative actions that China has recently taken, dating back to 2016”. And the reason this is a concern for so many nations, not just the United States, is that, should a crisis over Taiwan arise, it is likely to result in an economic crisis that may literally effect the entire globe.
“The Taiwan Strait is used by commercial container traffic daily to the tune of 50%. Taiwan is where 70% of semiconductors are produced. If a crisis was resolved offline, it would have drastic repercussions for almost every nation on the planet, he continued.