Taiwan seeks IMF membership for financial protection against China and global status.

Taiwan is pursuing membership in the International Monetary Fund (IMF) to enhance its financial protection against China, which views the island as a breakaway province. Membership would provide access to emergency loans and bolster Taiwan's global status. The U.S. supports this initiative amid rising concerns over China's threats. Taiwan's bid is part of a broader effort to engage with international organizations, despite China's opposition.

October 25, 2024
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