According to reports, the US has passed a deterrence bill amidst escalating tensions related to Taiwan. Officials stated that the bill threatens to expose assets of the Chinese Communist Party (CCP) elite, raising diplomatic stakes.
Key developments:
• US Congress passed deterrence bill targeting CCP elite.
• Bill aims to increase pressure on China over Taiwan issue.
• Potential to impact US-China relations and global geopolitics.
The development underscores heightened US-China rivalry and its implications for Indian foreign policy and regional stability.