Key facts
- A conflict across the Taiwan Strait would have a greater global economic impact than World War Two, according to Raymond Greene.
- Greene emphasized the upcoming U.S.-China summit as an opportunity to avoid misunderstandings and miscalculations.
- The U.S. is reinforcing its presence and partnerships in the Indo-Pacific.
- The U.S. is supporting Taiwan's efforts to enhance its self-defense capabilities.
- Taiwan's government plans to exceed T$1 trillion in defense spending for the first time next year.
