Xi Doesn't Want to Take Taiwan by Force: Lloyd Austin

Former US Defense Secretary Lloyd Austin tells Bloomberg that a fight in or near the Taiwan Strait will have "a much greater impact on the global economy" than the Strait of Hormuz, saying that he doesn't think China President Xi wants to take Taiwan by force. #china #taiwan #asia #worldnews #politics ---------- Like this video? Subscribe https://www.youtube.com/@Bloomberg-News Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more. Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg on YouTube: https://www.youtube.com/@business https://www.youtube.com/@markets https://www.youtube.com/@BloombergTechnology https://www.youtube.com/@BloombergPodcasts Connect with us on social: https://www.instagram.com/bloombergbusiness https://www.linkedin.com/company/bloomberg-news https://www.tiktok.com/@bloombergbusiness https://www.facebook.com/bloombergbusiness