U.S. East Asian envoy says investors are overpricing Taiwan risk, calls Xi a 'very rational actor'

U.S. East Asian envoy says investors are overpricing Taiwan risk, calls Xi a 'very rational actor'

Investors are overestimating the risk of conflict across the Taiwan Strait, a U.S. diplomat says, playing up deterrence to keep Beijing from taking the island.

U.S. Official Says Investors Overestimate Taiwan Conflict Risk

Michael DeSombre said deterrence and major consequences could deter Beijing from attacking or taking Taiwan by 2027.