China and Taiwan: The world should thank Pelosi – Economy

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Claus Hulverscheidt

There will be quite a few economic politicians and corporate managers who have cursed Nancy Pelosi in the past few days, after all the world has enough problems in the face of the pandemic, war and climate change. The scandal produced by the speaker of the US House of Representatives with her visit to Taiwan seems correspondingly superfluous, even destructive: Instead of maintaining relations with China in order not to create additional economic upheaval, there is suddenly even a military conflict between the two world powers conceivable. How are you supposed to do serious business there?

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