China has undertaken a slew of economic measures and policies to revive its dying economy after the pandemic. The new one is the coercive tactics to unify Taiwan. Taiwan is a strategically located island on the Southeastern coast of China divided by the Taiwan Strait. Taiwan strait is a demilitarized zone from where 90% of China’s cargo toward the Middle East and other Asian countries passes. Taiwan is also a global semiconductor hub that supplies semiconductors used in electronic gadgets, devices, and defense weapons to the USA, Japan, and major European countries. Now China claims that Taiwan is a part of the Chinese mainland and has set a deadline for the nation to reunite. Taiwan considers itself independent of Chinese authority and won’t bow down to their demands. Thus, a struggle for political status has started and US intervention seems prominent.
Here’s presenting our Monthly Snapshot for August 2022. Our newsletter takes a deep dive into the global scenario, Government policies, Indian start-ups raising funds, important sector updates, the performance of various asset classes, and much more.
Contributed by: Team Leveraged Growth