In what seems to be a very cold but explicit message, China’s President Xi Jinping has said in his New Year’s message that Taiwan will reunify China. Xi Jinping has been preparing for war for the past two years by making belligerent speeches to naval and military officers and moving Chinese forces near Taiwan and the Chinese eastern coast while also putting them on battle-ready status. Xi Jinping has also been tightening his grip on power, both in the Communist Party and in the government, enforcing new tightened supervision on foreign and big local companies, and has been reducing his state’s foreign counter-party risk by selling its US Treasuries and buying gold.
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