The economic danger of China and Taiwan war

[gantez]

The Dangers of China and Taiwan war



From looking into the war in Taiwan, the dangers of third world war is coming. I read the effect is worse with Russia and Ukraine. USA is not very friendly with China and it is possible that China will close the straits for USA Navy movement in that environment this going to cause US to put sanction against China including trading sanction restriction of Binance.

What effect is coming if Binance is sanctioned to operate in NATO countries.

The possible effect of Taiwan war on Binance exchange I have think of and I believe that US will do everything to cause some negative effect to Chinese if they are in the war with Taiwan by sanction of trading in Binance because China own it. I thought wide about this and go online to search for the information and see that the world economy will be difficult to survive and what will happen to Binance if NATO implement no trade in their country there.

I expect such sanction will drop the volume trading from Binance and tax to Chinese government will reduce from Binance.

[Majestic-milf]

 It would be a devastating scenario should China's plans of invading Taiwan be set in motion because Xi Jinping's powerhouse manufacturing sector spans across economies round the world including the US and Europe.

 Trade with Russia before it's invasion of Ukraine by the US was $36b yearly while that with Ukraine was $4b. This doesn't scratch the surface of what the US traded with China which is $656b and that of Taiwan: $114b which includes some of the world's most advanced semi conductors. A possible attack of China to Taiwan will sure be a global depression.

Taiwan who broke out of China in 1949 during the end of china's civil war and believe to be an independent state but China sees differently. I just hope Xi would have a change of mind tho.
 
 

[Fortify]

The Dangers of China and Taiwan war

From looking into the war in Taiwan, the dangers of third world war is coming. I read the effect is worse with Russia and Ukraine. USA is not very friendly with China and it is possible that China will close the straits for USA Navy movement in that environment this going to cause US to put sanction against China including trading sanction restriction of Binance.

What effect is coming if Binance is sanctioned to operate in NATO countries.

The possible effect of Taiwan war on Binance exchange I have think of and I believe that US will do everything to cause some negative effect to Chinese if they are in the war with Taiwan by sanction of trading in Binance because China own it. I thought wide about this and go online to search for the information and see that the world economy will be difficult to survive and what will happen to Binance if NATO implement no trade in their country there.

I expect such sanction will drop the volume trading from Binance and tax to Chinese government will reduce from Binance.

I hope that China is seeing the mess that Russia has brought upon itself with their war in Ukraine and thinking twice about any sort of invasion. Their economy is spluttering right now and this zero Covid strategy is a diabolical mess. At least in the very short term, until dictator Xi is confirmed again for his third term later this year, there won't be any changes to his strategy. He most likely would want to rebuild broken economic ties because stunted growth makes the CCP look very well again.

[Queentoshi]

It would be a devastating scenario should China's plans of invading Taiwan be set in motion because Xi Jinping's powerhouse manufacturing sector spans across economies round the world including the US and Europe.

If it so happens that China go ahead to invade Taiwan, I think the United States is to blame for instigation. I understand that the United States is trying not to be in support of oppression, but the tensions between China and Taiwan has become tenser since the visit Nancy Pelosi against strict warning issued by China that that would be a provocative.  The economic danger if China goes to war with taiwan will be devastating and will affect all other countries of te world that depend on China majorly for some goods.

[electronicash]

war is expensive and everyone will lose especially Taiwan. one drop of bomb to this tiny island and there is nothing to fight for. sure that's not what Taiwan wants. but

is that what China wants?
is that what US wants?
who between them benefits if Taiwan crumbles to the ground?

strange times actually and its like there is no adult in the room to tell both parties not to escalate. if its only the Chip manufacturing industry that US wants, they can also manufacture in US. why don't they do it there? that will benefit them economically.

[dothebeats]

There is a possibility of conflict but in my observation now is not the right time for China to invade Taiwan. The US and Nato are still engrossed in the war with Russia through Ukraine, clearly China is the most beneficial party in this war. they would expect these three powers to be mired in a long war. Once Russia's military is weakened, the US and NATO will also be significantly weakened. then is the best time for China to start its invasion.

How would the forces of NATO and US be weakened if they are not even directly participating in the war anyway? They only send in supplies and arms and that's it. Their soldiers are still in perfect shape and the only ones tiring in this war are the Russian and Ukraine forces. NATO and the US is smart enough to not get caught in the middle of the chaos and just provide their support to their ally from a distance. China knows the repercussions of its actions against Taiwan, and IMO they are just testing how the West would react.

The most important thing in Taiwan are its foundries and its semiconductor manufacturing capabilities. The West and China knows how important this is, and perhaps that is their best interest as to why they want to keep Taiwan close to their sides as much as possible.

[Gayong88]

One thing of great concern for people all over the world is that there will be thousands of victims and trade losses too. I think Many countries will be affected by the Sino-Taiwan War because a lot of manufacturing is running in that region. The government should set regular payments to these companies and adjust prices and so on. Since this matter is kept under the radar, it makes contact with different countries even more vulnerable.

I don't think it will be a big problem. Binance This is a young research company with great potential and innovation. I think what we need to think about is the economic crisis that will come if this happens and what will happen to Binance if NATO implements zero trading, if that happens, will happen to all of us. But, let's see what really happened first before drawing any conclusions.

[jackg]

Does binance even stil.have financial relations with China? I thought that's why they moved to Singapore?

A lot of the island nations around that area (Singapore, Taiwan, Bangladesh and Thailand) seem to have better relations with the EU than they do China - diplomatically at least?

Most Chinese laws throttle companies too much in many sectors and a lot leave to either be in Hong Kong or Singapore (I imagine there'll start to be companies moving from Hong Kong too soon to avoid Chinese regulations and protect their business/assets).

[cabron]

Crypto is the chance for NATO countries to get out of China's grip if in case China actually wins this economic war. I'm pretty sure they don't wanna use the Digital  Yuan. NATO sanctioning Binance is once again shooting their feet just like this capping Russian gas.

They better just be cautious with what they do next because undoing and lifting sanctions is a sign up desperation. This is why Germany had not lifted sanctions and now they are into deep.

[Gyfts]

Binance sanctions are the least of your concerns if Taiwan and China get into a war. Taiwan is responsible for a large portion of semiconductor manufacturing and Taiwan will destroy these manufacturing facilities rather than allow China to get their hands on them. Chip shortages would get even worse, not great for the crypto scene nor is it stable for the global economy when the U.S. is in a proxy war with China.

There is a possibility of conflict but in my observation now is not the right time for China to invade Taiwan. The US and Nato are still engrossed in the war with Russia through Ukraine, clearly China is the most beneficial party in this war. they would expect these three powers to be mired in a long war. Once Russia's military is weakened, the US and NATO will also be significantly weakened. then is the best time for China to start its invasion.

How would the forces of NATO and US be weakened if they are not even directly participating in the war anyway? They only send in supplies and arms and that's it. Their soldiers are still in perfect shape and the only ones tiring in this war are the Russian and Ukraine forces. NATO and the US is smart enough to not get caught in the middle of the chaos and just provide their support to their ally from a distance. China knows the repercussions of its actions against Taiwan, and IMO they are just testing how the West would react.

The U.S. is involving themselves indirectly in the Ukrainian war by supplying something like 50 billion USD in direct payments or aid. The U.S. relies on Taiwan for semiconductors. If China starts a conflict, they will get involved through sanctions at the absolute minimum. Sanctions don't just hurt the sanctioned country, they inflict economic damage on both parties.

[goaldigger]

Don't be scared, China is just making a facade. They might have a big military and they are making sure the world sees it but there's a housing market crisis in China right now and the cracks of authoritarian regime are showing so I don't think that they're going on an offensive soon, remember that Taiwan has a lot of the US allies on it's side too.

The US support to Taiwan makes things more complicated, and China is not just bluffing here because I also heard this about Russia invading Ukraine and guess what, they still push it through and prove to the world that they are not afraid for the sanctions and probably, China also have the same mindset since they are also a big exported of many goods. Let’s just hope that WW3 wont happen because its too dangerous and I’m sure, it’s a battle of nuclear weapon where we all know, can wiped out everything in just a seconds. 

[BIT-BENDER]

There is never a war that doesn't have its effect, the war between Russia and Ukraine has already caused great loss of lives, resources, wealth and so much more and definitely of a war ensue between The peoples republic of China an Taiwan there would be Ripple effects felt around the world but there are some corrections I would like you to know first it's about your thoughts on the involvement of binance if a war is to come between the two.

#Binance isn't a company under the ownership of the Chinese government changpeng  Zhao is the CEO of binance and has the right to lead his company any way he wants.

# Binance isn't the only crypto exchange so regardless of their stands if a war happens if there isn't a collective agreement from other exchanges on sanctions binance alone won't do much harm.

I pray it doesn't get To a war, economy would worsen, ties and friendship between countries would break down even before it starts to affect crypto it would have really caused so much damages to citizens of the two countries and the world at large.

[South Park]

Don't be scared, China is just making a facade. They might have a big military and they are making sure the world sees it but there's a housing market crisis in China right now and the cracks of authoritarian regime are showing so I don't think that they're going on an offensive soon, remember that Taiwan has a lot of the US allies on it's side too.

I would not be so sure about this, when leaders find themselves facing internal problems many times they decide to try to solve them by setting their sights on other countries and cultures, so it's quite possible this is what is happening here and if that is the case then a war between China and Taiwan would be inevitable, this will have devastating effects in a world economy that was very weak already, so it'll most likely send the world directly through a depression, and once there who knows if it'll ever recover.

[romero121]

China stands high as one among the grown economy. They've got all that is necessary to invade Taiwan. Though they're high in all means, a war against Taiwan will surely make China suffer big decline in its progress. Realising this China might avoid the invasion over Taiwan. The recent truth that caused world Countries suffer is the invasion over Ukraine by Russia.

[iv4n]

China stands high as one among the grown economy. They've got all that is necessary to invade Taiwan. Though they're high in all means, a war against Taiwan will surely make China suffer big decline in its progress. Realising this China might avoid the invasion over Taiwan. The recent truth that caused world Countries suffer is the invasion over Ukraine by Russia.

China should think if it’s Taiwan really worth it, or better to have a good relation with them instead of making such pressure. War is not good at all, it can cost a lot of lives and money which is not good and with this, WW3 can happen any time. My country is on the middle of these countries, probably we might ended up the battle ground for bigger countries especially with China and US, so I hope there’s still a solution for this and not the war.

I believe you hit the point, China should think if Taiwan is really worth as much as they can lose. I guess China knows that and they will not make a move, but they will not forget it either, that will be like a cloud over Taiwan, as it was until now. So except for big words, something we often come from China, I don't think we will see anything here, at least that would be the best option. Any conflict here can be devastating for the entire world.

[fiulpro]

When they are talking about ww3 speculation it's not at all a shot in the air since most of the times we have to look back what's happening in the world, some of the major countries like Russia, China and India are siding on one side and they are also pressurising small countries like Ukraine directly or indirectly ,how China supported Russia by being neutral Russia will also support China by doing the same if they attack Taiwan and mind it they got the most amount of nuclear weapons as well and it take only one stupid reason and one stupid person to shoot it and start ww3, usa is not gonna back off since they already laid down that there would be consequences , world needs peace 🕊️

[ChiNgadOr]

Don't be scared, China is just making a facade. They might have a big military and they are making sure the world sees it but there's a housing market crisis in China right now and the cracks of authoritarian regime are showing so I don't think that they're going on an offensive soon, remember that Taiwan has a lot of the US allies on it's side too.

China is the second biggest economy after the United States and if eventually war erupt them it will be a great devastation on China and the US will want to use every possible means to make sure that the Chinese government regret there action and I think this one is going to be completely different from that of Russia and Ukraine.
Looking at the tension between the two countries, China is building up arms and strong holds to make sure that they have different alternatives they can use if eventually the NATO comes against them full.

[edgycorner]

I expect such sanction will drop the volume trading from Binance and tax to Chinese government will reduce from Binance.

This won't be the only dire consequence to the crypto market.
There could be a general decrease in confidence in cryptocurrencies if the market perceives them as being too closely linked to China. This could lead to a sell-off and a sharp decline in prices. A ban on Binance will definitely make Crypto seem like a China's product to an average Joe.


Economic sanctions on China will definitely damage US's economy as well. Will they really consider it tho? I think travel bans and arms embargoes will be the first to be enacted. Arms embargoes can be a cruel one and may lead to direct military conflict with China as the initiator. Things are going to be messy.
Apocalypse soon?

[TimeTeller]

When they are talking about ww3 speculation it's not at all a shot in the air since most of the times we have to look back what's happening in the world, some of the major countries like Russia, China and India are siding on one side and they are also pressurising small countries like Ukraine directly or indirectly ,how China supported Russia by being neutral Russia will also support China by doing the same if they attack Taiwan and mind it they got the most amount of nuclear weapons as well and it take only one stupid reason and one stupid person to shoot it and start ww3, usa is not gonna back off since they already laid down that there would be consequences, the world needs peace 🕊️

Huge countries want to enlarge their territories and prove to the world that they're powerful countries regardless of how they would damage innocent lives in countries that they're invading. I hope they would think more than twice before pursuing invasionbecause it could possibly cause another global crisis again. The whole world could suffer because of them.

no more wars - we already have done so much damage to the world.
Earlier - there was COVID  - then Russia - USA Afghan crisis -  then floods and famine. Now china and Taiwan war is in making - The world needs healing.

The problem is, we don't know what these top officials of both countries are thinking.
Either they will lower their pride and do what is both beneficial to them.
Or be aggressive and wage war. But we are just hoping that both sides will settle their disagreements and come to a peaceful arrangement.
We don't need more of this action as the world is still in the recovery of the covid pandemic.

[davis196]

Another article spreading fear and panic. Aren't China and Taiwan basically one country(of course Taiwan has big autonomy)?
What would USA gain from a war against China for Taiwan? What would China gain for attacking (and probably occupying Taiwan)?
Both countries won't gain much from such situation. They would lose more than they could potentially gain. It's not worth the risk.
If there's a war between USA and China for Taiwan, nobody would give a damn about Binance and in which countries Binance is banned.