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Search resuls for: "reacquiring Taiwan"


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A man takes picture at the harbour where Taiwanese Navy warships are anchored on August 07, 2022 in Keelung, Taiwan. Prominent China hawk Kyle Bass told CNBC on Tuesday that he believes Chinese President Xi Jinping is determined to "bring war to the West," with an invasion of Taiwan likely before the end of 2024. Bass, who is founder and chief investment officer at U.S. investment firm Hayman Capital Management, said that the West — and particularly Wall Street — is too preoccupied by the apparent economic unviability of such an attack. But, much like Russian President Vladimir Putin — whose war in Ukraine has isolated his country from the West — Xi is not solely concerned with the potential economic fallout, Bass said. "We on Wall Street love to think he would never do that because it doesn't make economic sense.
Persons: Kyle Bass, Xi Jinping, Bass, Vladimir Putin —, Xi Organizations: CNBC, Hayman Capital Management, reacquiring, Chinese Communist Party Locations: Keelung, Taiwan, China, Russian, Ukraine, West, reacquiring Taiwan
China’s Threat to Taiwan Semiconductors
  + stars: | 2022-10-11 | by ( Vivek Ramaswamy | Mike Pompeo | ) www.wsj.com   time to read: +1 min
Xi Jinping ’s all-but-certain installation for a third term as leader of the Chinese Communist Party marks an important milestone in the party’s progress toward annexing Taiwan. Mr. Xi has unambiguously stated that reacquiring Taiwan is a pillar of his national rejuvenation platform and a vital national objective. Mr. Xi’s ambitions have been checked by his need to secure a third term, as he likely feared international backlash that could threaten his grip on power. Taiwan’s annexation could allow him to assert dominance and divert attention away from China’s domestic problems. Mr. Xi may be disinclined to wait, given the risk of a more assertive president in Taipei in May 2024 or Washington in January 2025.
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