Taiwan seeks IMF membership with US support to counter economic pressures from China.

Taiwan is pursuing membership in the International Monetary Fund (IMF) to bolster its financial defenses against potential economic pressures from China. The U.S. House of Representatives recently passed a bill supporting Taiwan's IMF bid, reflecting bipartisan concern over threats from Beijing. Despite China's opposition, Taiwan aims to enhance its global presence and access emergency financial support, similar to Kosovo's status as an IMF member without UN recognition.

October 30, 2024
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