China Sanctions Pelosi Over Taiwan Visit, Ends Cooperation, Military Ties with the US

It turns out that Nancy Pelosi’s controversial visit to Taiwan did not disappoint in terms of angering China, which on Friday announced a series of undisclosed sanctions against the house speaker herself, as well as an end to cooperation with the US on a number of key issues.

China has begun its infuriated retaliation campaign against the US, after Pelosi made an impromptu stop in the self-governing nation of Taiwan. The communist country halted all discussions with the US pertaining to military communication, anti-drug programs, and climate change. The foreign ministry announced that “in disregard of China’s strong opposition and serious representations, Speaker of the U.S. House of Representatives Nancy Pelosi visited China’s Taiwan region,” and as a result the US will be slapped with the following countermeasures:

Canceling China-U.S. Theater Commanders Talk; canceling China-U.S. Defense Policy Coordination Talks; canceling China-U.S. Military Maritime Consultative Agreement) meetings; suspending China-U.S. cooperation on the repatriation of illegal immigrants; suspending China-U.S. cooperation on legal assistance in criminal matters; suspending China-U.S. cooperation against transnational crimes; suspending China-U.S. counternarcotics cooperation; and, suspending China-U.S. talks on climate change.

In addition, the Chinese government also unveiled a series of unknown sanctions against Pelosi over the “egregious provocation” that her overnight trip caused. During her stay in Taiwan, China surrounded the island with live fire drills and conducted ballistic missile tests in the region. Washington’s National Security Council spokesperson John Kirby in response labeled China’s moves as an overreaction to what was merely “completely normal travel by congressional members to Taiwan.”


Information for this briefing was found via Reuters and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Gold Trade Is Shifting From Margins to Growth | Geordie Mark – Blue Jay Gold

CopAur Minerals – This PEA Has A Mine Life of What?!

Ontario’s Fast Track to Silver Production Is Starting to Matter | Frank Basa – Nord Precious Metals

Recommended

Questcorp Kicks Off Fully Funded Phase 2 Drilling at La Union

Cambria Gold Hits 483 g/t Gold in First Underground Infill Results at Premier

Related News

Lehman Brothers 2.0: A Brief History of the Evergrande Collapse

The world’s second largest economy has been hit with an uncomfortable circumstance, one where a...

Monday, September 20, 2021, 03:38:00 PM

Global Energy Crisis Continues To Grow; May Not Be Too Late for Investors to Increase Their Exposure to Energy Plays

The global energy crisis seems to grow more acute each day, and the effects of...

Wednesday, October 13, 2021, 03:39:00 PM

Chainalysis: Tether Is Being Utilized For Capital Flight From China

A recent report published by Chainalysis this week has proposed that China and other Southeast...

Saturday, August 22, 2020, 11:04:00 AM

China’s Banks Now Hold Over $1 Trillion In Foreign Reserves For First Time Ever

Chinese banks have seen their foreign currency deposits surge by over $260 billion in the...

Monday, June 28, 2021, 04:31:00 PM

Canada Eyes Ban on Chinese, Russian Car Tech, Following US Lead

Canada is contemplating stringent measures against foreign technology in vehicles, following a similar decision by...

Wednesday, September 25, 2024, 07:10:00 AM