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Biden doubts China to invade Taiwan amid economic problems

Biden doubts China to invade Taiwan amid economic problems U.S. President Joe Biden (photo: Getty Images)

U.S. President Joe Biden believes that China's economic downturn reduces the likelihood of Beijing invading Taiwan, according to Bloomberg.

The American leader said that China's economic troubles at the moment are due to several reasons, including the policies Beijing is following.

"I don’t think it’s going to cause China to invade Taiwan, matter of fact the opposite, probably doesn’t have the same capacity as it had before," Biden stated.

The U.S. Department of the Treasury believes that the downturn in the Chinese economy could create difficulties for several developing regions and have global consequences.

The situation in Taiwan

Beijing considers Taiwan as part of its territory, while the island regards itself as a separate and independent nation, receiving support from the United States.

According to U.S. intelligence reports, China is preparing for a military scenario to seize Taiwan but is also trying to avoid such a course of events, preferring a peaceful reunification.

The U.S. Secretary of Defense, Lloyd Austin, believes that a war over Taiwan would be devastating, as the conflict would have far-reaching implications for the global economy beyond what we can imagine.