A Taiwan strike would come with heavy costs for Beijing: report
WASHINGTON -- When it comes to analyzing a conflict in the Taiwan Strait, most think tank reports and war games focus on U.S. shortcomings in defending Taiwan. But a new report from the German Marshall Fund of the United States argues that analysts have overlooked a critical dimension of deterrence: the consequences for China if such a conflict were to begin -- and especially if it were to fail.
-- 100,000 casualties
-- $10 trillion in cost
-- Social unrest
-- Countries leaving the Shanghai Cooperation Organization, BRICS, and the Belt and Road Initiative
For President Xi Jinping to achieve the Chinese dream, "He needs to ensure that China's economy is on the right footing and its military capabilities continue to grow; that there is social stability in China; and that China basically has good relations with the rest of the world," project leader Bonnie Glaser said.
"Because if the world turns against China, doesn't trade with China or invest in China, that would be catastrophic for his Chinese dream."
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