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Boeing Lands In Xi’s Crosshairs As Taiwan Spat Nears Boiling Point
On a day when ominous headlines around new COVID-19 restrictions in Europe were front and center for market participants, Beijing served up a reminder that geopolitical tensions have not abated.
China is set to sanction Boeing, Lockheed Martin, and Raytheon in retaliation for Washington's ongoing dialogue with Taiwan and, specifically, the approval of $1.8 billion in additional arms sales to the island.
This is becoming an extremely vexing issue for Beijing. Frankly, the Trump administration s
cold war 2.0 has started. it ain’t just about $$ anymore
How’s this for an October surprise?
Is China Preparing to Attack Taiwan?
Experts fear Beijing will exploit U.S. election chaos to move on Taiwan’s outlying islands–and more.
https://www.spytalk.co/p/is-china-preparing-to-attack-taiwan
Not likely, but it should be very worrisome to US investors who gush over the “fabless” chip producers who outsource al of their production to TSM. It’s particularly evident among AMD fanboys who are saying “RIP Intel.