Lots of voices speculating about Xi will move on Taiwan (or not).

I won’t speculate, but I will observe that big funds dumped nearly $2bil of Taiwanese equities yesterday alone. Money talks, and this would seem to speak volumes… we will see.

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Ukraine Invasion Unnerves Global Funds Bracing for Taiwan Risk

The conflict in Ukraine is sparking renewed jitters about tensions between China and Taiwan, and the worries are showing up in the island’s assets.

China’s threats to use military force to stop Taiwan from declaring formal independence have dogged the island’s markets for years, and the standoff in Ukraine provides a snapshot of the risks if tensions escalate. Global funds dumped the equivalent of $1.91 billion of Taiwan stocks on Thursday, the biggest one-day withdrawal in a year.

#taiwan #china

https://www.bloomberg.com/news/articles/2022-02-25/ukraine-invasion-unnerves-global-funds-bracing-for-taiwan-risk