A China-Taiwan War Could Trigger Stock Market Crash, Alan Greenspan Says

Written by on January 4, 2023

  • The risk of a Chinese invasion of Taiwan is the most significant `black swan' scenario threatening markets, according to Alan Greenspan.
  • The former Federal Reserve chair said in his 2023 investment outlook that a conflict between the two countries would be "a nightmare scenario" for the global economy.
  • Chinese president Xi Jinping tightened his grip on power when he was appointed for a third term last year.

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