Taiwan says China could launch successful invasion by 2020

Reuters ^ | 10/09/2013 | Reuters

[TexGrill]

(Reuters) - China will be able to fend off U.S. forces and successfully invade Taiwan by 2020, the island's Defence Ministry said on Wednesday, the first time Taipei has given such a precise timetable for the threat it says it faces.

China and Taiwan have been ruled separately since Nationalist forces, defeated by the Communists, fled to the island at the end of the Chinese civil war in 1949. China considers Taiwan a renegade province and has never ruled out the use of force to bring it under its control.

While relations have improved dramatically since the China-friendly Ma Ying-jeou was elected Taiwan president in 2008, with a series of trade and tourism deals, there has been no progress towards political reconciliation or a lessening of military distrust.

In its annual national defence report, Taiwan's Ministry of National Defence cited a number of ways China will likely enhance its military might aimed at Taiwan, including honing its ability to coordinate a landing on the island and deploying anti-aircraft missiles in the Taiwan Strait.

China has been rapidly modernising its sea and air forces as well as missile capabilities, according to the report, so that it will be able to prevent intervention from other nations that would come to Taiwan's defence - a reference to the United States, which is treaty bound to come to the island's aid.

"In the future, the Chinese military will continue focusing on further integration of its military units, with the expectation that it will be able to resist foreign forces' intervention in any attack on Taiwan," the report said.

[TexGrill]

Global business tip

[Jonty30]

And with the US owing it 1.3 trillion, we won’t be able to do a thing to prevent the inevitable invasion.

[mj1234]

You got it backwards...

O,bummer will:

1.supply the arms to Red china for Taiwans defeat(done)
2.O’bummer will Refuse to give arms To Taiwan(Done)
3. O’bummer will have our military stand down(done)
4.O’bummer now looking to eliminate other countries
that could provide help-South Korea,Japan (working on it)

[agere_contra]

I wonder.

If China forced a war over Taiwan and America intervened - then China would sell their USD bonds. China would lose a frack ton of money, as would all bond holders except the new buyers.

The bond sale would act as a financial weapon of mutual mass destruction, but in the context of a military situation - an area where America absolutely excels - it wouldn’t by itself lead to loss of dollar reserve status.

So I don’t think China will attack either Taiwan or Japan until gold and silver form a significantly higher fraction of their reserves. IIRC their reserves are still currently dominated by USD and other fiat.

But China is buying immense amounts of precious metals. When the tipping point is reached and they feel they have enough then we may see fireworks.