China economic woes could raise Taiwan risks, says US House committee chair

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China economic woes could raise Taiwan risks, says US House committee chair
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By Michael Martina WASHINGTON (Reuters) - China's economic slowdown could increase the risk of Beijing taking military action toward Taiwan, the ...

New spot for Mediterranean cuisine opens in Charlottetown | SaltWireWASHINGTON - China's economic slowdown could increase the risk of Beijing taking military action toward Taiwan, the Republican chair of a U.S. congressional committee on China said on Monday, drawing a contrast with Democratic President Joe Biden, who said it made it less likely.

"I don't know if that's true," Mike Gallagher, chair of the U.S. House of Representatives' select committee on competition with China, told a Council on Foreign Relations event in New York. The congressman added that this alternate scenario was not meant as a criticism of the Biden administration. Gallagher said he was visiting New York partly to work with financial industry experts to assess the risk to the global financial system if China were to invade or blockade Taiwan.

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