Possible scenario
Quarantine Short Of War
25%
−2.0%
Beijing could choose a coercive maritime quarantine rather than a full invasion, using customs, coast guard, and naval assets to test U.S. and Taiwanese responses. This path is plausible because it pressures Taipei while preserving some deniability and limiting immediate combat risk.
What it moves
- Technology−3.1%
- Industrials+1.2%
- Riskier companies' borrowing costs
- Market volatility
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