US Secretary of Defense Lloyd Austin had some harsh words for his Chinese counterparts on Saturday. At Asia's top security summit, Austin said a possible US-China conflict over Taiwan could "affect the global economy in ways that we cannot imagine." It was part of a broader address that rebuked China for not being willing to meet at the summit. "The whole world has a stake in maintaining peace and stability in the Taiwan Strait, the whole world," said Austin. The comments were part of a broader address that saw Austin rebuke China for not engaging in military talks.

---

Persons: Defense Lloyd Austin, Austin, —, National Defense Li Shangfu —, Shangfu, Matthew Pottinger, Trump, Tesla, Elon Musk Organizations: Defense, Service, Bloomberg, —, National Defense, Reuters, CNBC Locations: China, Taiwan, Singapore, Taiwan Strait, Austin, Canadian