New Evidence This Week National SecurityThanks for reading New Global Macro Evidence and Forecasts! Subscribe for free to receive new posts and support my work. In the aftermath of US Speaker of the House Nancy Pelosi’s visit to Taiwan, the PRC flew simulated attack missions against the island involving an unprecedented number of planes, and commenced missile “live fire” exercises into area around Taiwan that, for all intents and purposes, simulated a blockade. Actually, it more than simulated it, because the exclusion zones around Taiwan established for the exercise actually disrupted air and sea traffic. Provocatively, some of the missiles fired landed in ocean waters that Japan considers its exclusive economic zone. Both drills have substantially escalated tensions between the China and the US and its allies.
New Global Macro Evidence and Forecasts
New Global Macro Evidence and Forecasts
New Global Macro Evidence and Forecasts
New Evidence This Week National SecurityThanks for reading New Global Macro Evidence and Forecasts! Subscribe for free to receive new posts and support my work. In the aftermath of US Speaker of the House Nancy Pelosi’s visit to Taiwan, the PRC flew simulated attack missions against the island involving an unprecedented number of planes, and commenced missile “live fire” exercises into area around Taiwan that, for all intents and purposes, simulated a blockade. Actually, it more than simulated it, because the exclusion zones around Taiwan established for the exercise actually disrupted air and sea traffic. Provocatively, some of the missiles fired landed in ocean waters that Japan considers its exclusive economic zone. Both drills have substantially escalated tensions between the China and the US and its allies.