china-taiwan conflict

A possible Chinese invasion of Taiwan has become a top-of-mind concern in defense and corporate circles in recent years. But what would such an attack actually look like? And what would be the economic impact to world if it actually happened? On this episode of the Odd Lots podcast, we speak with Jennifer Welch, chief geo-economics analyst at Bloomberg Economics and Gerard DiPippo, senior geo-economics analyst at Bloomberg Economics. Jennifer and Gerard, along with a larger team of Bloomberg economists and journalists, recently undertook a massive exercise to game out the potential impact to the global economy of a war in the Taiwan Strait — which they estimate to be around $10 trillion. That would be significantly larger than the biggest disruptions in recent memory, including the Covid pandemic and the global financial crisis, leaving virtually no part of the world unaffected. We discuss how they go about assessing the odds of each scenario and how they evaluate the possible impacts.

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The MP for South West Norfolk has made a speech in Taiwan urging the UK Government to treat China as a security threat.

She's the first former PM to visit Taiwan since Margaret Thatcher.

China - which is seeking 'reunification' with Taiwain - has called it a 'dangerous stunt'. Many in Truss's own party feel the same way.

But is there sense in her message even if she's the wrong one to deliver it? And what is she hoping to achieve - for the world, her party and herself?

And, later, we speak to Oscar-winning actress Rachel Weisz about playing twins in her drama 'Dead Ringers', moves to curtail women's rights in the US, her husband James Bond, and Lewis' acorn.