India Post News Paper

Blog

 Breaking News

US senators propose bill to sanction Beijing in event of Taiwan invasion

US senators propose bill to sanction Beijing in event of Taiwan invasion
March 04
09:40 2022

WASHINGTON: Amid China’s growing military aggression towards Taiwan, three US senators have proposed a bill that would allow for the imposition of financial sanctions against China in the event of an attack or invasion of the island.

This bill comes at a time when the experts fear that China too might flex muscles over Taiwan and the South China Sea, after taking cues from Russia’s military operation in Ukraine.
The bill will give US lawmakers to sever all financial transactions between the US and China if China engages in armed aggression against Taiwan.

Senators Rick Scott, and two other US lawmakers introduced the Deterring Communist Chinese Aggression Against Taiwan Through Financial Sanctions Act, which would seek to impose financial sanctions on Beijing should it invade, blockade, or enact regime change in Taiwan through the use of force.

Senator Rick Scott said, “Taiwan is one of America’s most important partners in the Asia-Pacific, and its peace and stability are in our political, security, and economic interests. We have watched Communist China’s increasingly frequent actions to harass and intimidate the Taiwanese people, through regular military encroachments and cyberattacks. We must be clear that these intimidation tactics will not be ignored.”

“As Beijing quietly watches Putin’s invasion of and assault on Ukraine, America must stand strongly behind our partners in democracy and leave no ambiguity as to our resolve to condemn and punish tyrants who attack our partners. Passing this bill will make clear to General Secretary Xi that if he mimics Putin’s invasion then he will be met with economic isolation and severe financial sanctions,” he added.

Senator Kevin Cramer said their bill threatens crippling financial sanctions as a deterrence to China trying to follow in Putin’s footsteps

Another US Senator John Kennedy said, “Now more than ever, we must make it clear to the Chinese Communist Party that armed aggression towards Taiwan would deal a devastating blow to China’s economy. As we know, waiting too long to sanction bad actors can create major national security risks at home. We can’t let China seize the moment to attack one of America’s key partners in the Pacific.”

China continues to regard Taiwan as a breakaway province despite seven decades of separate governance.

Beijing has not ruled out military force to take Taiwan and has kept the pressure on the democratic island with frequent warplane flights into Taiwan’s air defence identification zone. (ANI)

Comments

comments

About Author

India Post Newspaper

India Post Newspaper

Refresh yourself every morning with India Post news coverage, videos & photos in India Post News Paper. Check out the news stories from India and the World.

Related Articles

EPAPER – LATEST EDITION – July 01st, 2022

ADVERTISEMENT – ZEE5

ZEE 5 Dhakaad

ADVERTISEMENT – CALTRANS

Caltrans Near Me

ADVERTISEMENT – SHEA HOMES

Shea Homes

ADVERTISEMENT – SKYRIVER CASINO

Skyriver Casino 2022

ADVERTISEMENT – 22BET

22Bet Casino

DROUGHT EMERGENCY – WATER USE RESTRICTIONS

DROUGHT EMERGENCY - WATER USE RESTRICTIONS

POPULAR CATEGORIES

50 SPIRITUAL APPETIZERS – VINOD DHAWAN

50-ad-Indiapost

It’s a lovely book. It feels energetically clear and light. It’s easy to read, dip in and out and most importantly it offers information without fluff! Blessings on this project.

Jac O’Keeffe
Spirituality teacher based in USA.

*Available on Amazon, Flipkart & other online stores*

Download Media Kit

India Post Media Kit