The fate of 2022 could be determined by the battle of two global giants United states and China.
Strained relations between the United States and China over Taiwan could be one of the biggest challenges in Asia in 2022, CNBC writes.
One reason, according to the head of longview global advisors, is that Beijing treats every single American manifestation in Taiwan as if it were harming its interests.
An expert directly compared the relationship between the two great powers United States and China to the conditions of The Cold War.
This was only made worse by the National Defense Authorization Act passed late last year (2021) which set aside, among other things, $7.1 billion for the Pacific deterrent. They also adopted a congressional declaration expressing U.S. support for Taiwan. China considers the island, which has had its own self-government for decades, as part of its own territory and its often stated goal is to unify the country.
In the midst of the rivalry between Washington and Beijing, the most difficult situation will be those Asian countries that seek to balance the two major powers. The big question from this point of view is what the scales of this year’s Winter Olympics in Beijing will look like. The United States has already indicated that it will boycott the event at a diplomatic level, meaning that its athletes will be present, but no one will represent Washington in an official capacity. It is not yet clear whether other countries can follow the example of the United States, but the Chinese advance in recent years has infuriated several countries in the region.
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