SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bull_dozer who wrote (190514)8/11/2022 6:28:39 PM
From: bull_dozer1 Recommendation

Recommended By
Cogito Ergo Sum

  Read Replies (1) of 217727
 
Xi Pleaded With Biden "Now Is No Time for A Crisis" Just Ahead Of Pelosi Taiwan Visit

Previously undisclosed details behind the July 28 phone call between President Joe Biden and China's Xi Jinping have been revealed Thursday, wherein the Chinese leader urged "Now isn't the time for a bull-blown crisis."

A fresh Wall Street Journal report relates that while Xi warned Biden of unspecified consequences should House Speaker Nancy Pelosi follow through with her visit to Taiwan, making her the highest US official to do so in 25 years, he stressed he had no intention of entering a war with the United States. Citing people briefed on the call, Xi emphasized that both sides must "maintain peace and security" while reiterating Beijing's longstanding position on the Taiwan question.

Of course, the call failed to prevent Pelosi's visit to Taipei, which in turn sparked over a week of unprecedented People's Liberation Army (PLA) drills encircling the island, effectively erasing the median line which separates the Taiwan Strait.

The WSJ details that "Mr. Xi decided to talk to Mr. Biden to minimize the risks of a conflict with the U.S., according to the people familiar with the decision-making process." The main public messaging from Xi and his foreign policy officials was to warn the US that it is "playing with fire" in stoking pro-independence feelings.

Beijing in the lead-up to the crisis thought a last-ditch personal appeal by Xi was worth it, even though "China’s foreign-policy establishment has historically been careful about scheduling leader-to-leader engagements, concerned about a loss of face should the other side do something contrary to Beijing’s interests soon after the bilateral exchange."

The WSJ report notes further that the ultra-provocative ballistic missile launch wherein 11 projectiles were fired into waters off Taiwan, some having even flown directly over the island, was just as much Xi showing strength to the domestic populace as it was a threatening message to Taiwan pro-independence forces.


zerohedge.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext