China Says U.S. to Pay ‘Heavy Price’ for H.K., Taiwan Moves

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  • Bloomberg Politics published this video item, entitled “China Says U.S. to Pay ‘Heavy Price’ for H.K., Taiwan Moves” – below is their description.

    Jan.07 — China has made its displeasure known after the U.S. announced its ambassador to the UN, Kelly Craft, will be visiting Taiwan. This latest move by Washington adds more fuel to the tensions between the world’s two biggest economies. China says the U.S. will pay a “heavy price.” Bloomberg’s John Liu reports on “Bloomberg Daybreak: Asia.”

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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 The Republic of China (ROC) is no longer a member of the UN, having been replaced by the People’s Republic of China (PRC) in 1971.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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