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Michael Studeman, recently retired Commander of the Office of Naval Intelligence and Director of Intelligence for the US Indo-Pacific Command, wrote an article saying that
"Xi’s most critical choices reflect a march to war... All strategic war preparation indicators are brightly lit."
“Xi may not care overly much given the inescapable backsliding of his economy even in the absence of any war. In the coming years, he may conclude he has everything to gain and nothing to lose by waiting any longer.”
“…Xi’s age (70) matters. He only has ten reliable years of vitality to conduct a major operation and then lead China through the inevitable multi-year recovery from anticipated international retribution. Based on how Xi appears to be interweaving his legacy with assimilating Taiwan, it seems unlikely he would leave it up to a successor to absorb the forever glory of overseeing a long-sought unification and subsequently re-stabilizing China’s place in the world, a feat that could put Xi on par with Mao Zedong.”
This talk about motives and legacy at a dictators old age recall the same for Putin recently.
@SemioticRivalry On the flipside TSMC is probably a pretty close proxy and still trades at a similar earnings multiple to 2020 (i.e. it isn't being significantly discounted)
@CameronHolmes But that's weird. The entire rest of the semiconductor industry has risen rapidly. TSM should be trading much higher now.
"Chinese President Xi Jinping bluntly told President Joe Biden during their recent summit in San Francisco that Beijing will reunify Taiwan with mainland China but that the timing has not yet been decided, according to three current and former U.S. officials."
@GarrettBaker they always pretend to do things but that doesn't prevent them from setting up forces in a position where they can EASILY escalate with the slightest trigger
also read stalin's war, informative...
Didn't diplomats from the entente and central powers often talk right before WWI?
I think it is unlikely to happen, because the occurrence of this event depends directly on two aspects of the situation, on the one hand, is China's domestic situation, if China's economic and social conditions in a short period of time to change drastically, China's leaders may choose to invade Taiwan and distract the attention of the domestic, at present China's political and economic relative stability, although encountered some economic problems, but not to the 2030 On the other hand, it is still the attitude of the U.S. If the U.S. always promises to intervene in the Taiwan Strait conflict by force, China's current military power is far from the U.S. (and it is unlikely to overtake the U.S. in the short term), so China's current threat to Taiwan is more a demonstration of a political gesture than a real move into action.
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