China decides to impose sanctions on U.S. House Speaker Nancy Pelosi
XINHUAAug 05, 2022
On Fri., the PRC imposed unspecified sanctions on House Speaker Nancy Pelosi (D-Calif.) and her immediate family members in response to her trip to Taiwan earlier this week.
China also announced that it would halt cooperation with the US in areas including military relations and climate change. This comes as the PRC also started a four-day military drill near Taiwan on Thursday.
Pelosi's visit to Taiwan is an outright provocation and undermines China's sovereignty. Such actions must be deterred, and the US must abide by its historical commitment to respect the One China policy. The Chinese government has made the right move by sanctioning Pelosi and her family.
China is clearly overreacting to Pelosi's visit. US support for Taiwan has been a cornerstone of US policy in Asia for over 70 years, and it is China who is being provocative by launching its largest ever military drills near the island.
There's a 16% chance that there will be a US-China war by 2035, according to the Metaculus prediction community.