Taiwanese Foreign Minister says Taiwan has maintained good communication with the US; the US government has also reiterated its opposition to any attempt to force or coerce a change to the status quo
The comments from Taiwan's Foreign Minister underscore a firm stance against China's influence while reinforcing Taiwan's alignment with the US.
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Taiwanese Foreign Minister says Taiwan has maintained good communication with the US; the US government has also reiterated its opposition to any attempt to force or coerce a change to the status quo
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- China has no right to make any claims on Taiwan's behalf internationally.
- The Republic of China, Taiwan, and the People’s Republic of China are not subordinate to each other.
- Taiwan to deepen cooperation with the US and like-minded countries in the Indo-Pacific region.
This diplomatic engagement may bolster support among allies and signal to markets an ongoing geopolitical tension that could affect risk sentiment, particularly in Asia and commodities like gold and oil. Watch for how this plays into USD movements, especially against JPY and CNY, and potential impacts on broader equity markets.
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