

As the world reels from the economic toll of Iran’s blockage of the Strait of Hormuz, concern is rising over China’s potential cutoff of another critical waterway.The Taiwan Strait, a narrow, 110-mile-long channel between Taiwan and mainland China, is a lifeline not just for Taiwan, but for Asia and the rest of the world.One-fifth of the world’s maritime trade flows through the Taiwan Strait, compared with about 8% through the Strait of Hormuz, according to research by the Center for Strategic and International Studies, a Washington think tank. Why We Wrote This In its quest to unite the self-governing island of Taiwan with mainland China, Beijing has considered – and practiced – a blockade of the Taiwan Strait, a critical waterway on which global trade relies. Is the world prepared? Yet China has considered – and recently practiced – a military blockade of Taiwan as part of its long-term goal of taking over the self-governing island, which would include restricting access to the strait. Such a blockade, if it lasted a year, could slash world gross domestic product by more than 5%, a February report by Bloomberg Economics found.Beijing is closely watching how the Iranian regime has wielded its leverage
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