Balance of Power Full Show (05/23.2022)

Bloomberg Markets and Finance published this video item, entitled “Balance of Power Full Show (05/23.2022)” – below is their description.

On ‘Balance Of Power’ With David Westin, Randy Kroszner Former Federal Reserve Governor On possible relief of China tariffs. Richard Haass, Council on Foreign Relations President On Biden Comments on Taiwan. Wendy Cutler, Asia Society Vice President On Biden with more on the Presidents trip.

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In This Story: Taiwan

Taiwan, officially the Republic of China, is a country in East Asia. Neighbouring countries include the People’s Republic of China to the northwest, Japan to the northeast, and the Philippines to the south.

The political status of Taiwan is complicated. The Republic of China (ROC) is no longer a member of the UN, having been replaced by the People’s Republic of China (PRC) in 1971. Taiwan is claimed by the PRC, which refuses diplomatic relations with countries that recognise the ROC. Taiwan maintains official diplomatic relations with 14 out of 193 UN member states and the Holy See.

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