Tensions around Taiwan are escalating as the island's proximity to China becomes a focal point for security concerns, with the mainland visible in the distance. Reports indicate that the Taiwan that China wants is vanishing, highlighting the geopolitical stakes. Concurrently, Fitch Ratings has highlighted a negative trend in China's banking sector, particularly within emerging markets, calling it a 'notable exception' with a deteriorating outlook. In the realm of trade, data shows that almost 90% of US trade in 2022 was conducted with countries other than China, suggesting a shift in trade partnerships. This shift is supported by arguments that increasing trade with nations other than China could be beneficial amidst growing concerns about China's influence. Additionally, there are issues within China's academic integrity, with reports of a significant number of retractions of academic papers by Chinese scholars, who were responsible for three-quarters of the top scientific papers withdrawn last year.
Almost 90% of US trade in 2022 was with countries *other* than China: https://t.co/na51HR8gB3 https://t.co/Q5IgzrE4rH https://t.co/09tnGQ7OW8
🔴 FITCH ON BANKING SECTORS IN EMERGING MARKETS: CHINA IS A NOTABLE EXCEPTION WITH A DETERIORATING BANKING SECTOR OUTLOOK.
Caixin - China Tells Colleges to Look Into Retractions of Academic Papers https://t.co/L3obhKCGVL "Chinese scholars produced three-quarters of the highest-ranking scientific papers pulled by journal publishers last year"
The Taiwan that China wants is vanishing https://t.co/SZb5Dw19Oy
The more concerned people are about China the more they should support trade with other nations. Strangely this doesn’t seem to be the case. https://t.co/OF9gG9EKQO
Threats are in sharp focus on Taiwan's islands - where China's mainland is visible in the distance https://t.co/Nhvty49QGg