What will happen to the markets if China invades Taiwan?

Benzinga 2023-06-20

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U.S. President Joe Biden on Monday praised U.S. Secretary of State as Antony Blinken wrapped up his two days trip to Beijing, where he met Chinese leader Xi Jinping.

What Happened: Speaking to media after a California climate event, Biden said Blinken did "a hell of a job” on his trip to China, the first by a U.S. secretary of state since 2018.

"We're on the right trail here,” the president added.

On Blinken’s trip to China, Xi agreed to "stabilize" deteriorated U.S.-China ties after the state secretary reaffirmed the Asian nation on Washington’s "one China policy" stance and said it does not support Taiwan’s independence.

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