SPY - US Forms Team To Help Countries Defend Against China's Economic 'Coercion' - Bloomberg | Benzinga
In 2021, Washington intervened when Beijing attempted to penalize Lithuania for establishing a liaison office with Taiwan, leading to the formation of a team within the U.S. State Department to assist nations facing economic coercion from China, Bloomberg reports.
When South Korea decided to host a U.S. anti-ballistic missile system, the flow of tourists from China ceased.
Likewise, when Australia accused Beijing of meddling in its internal affairs and sought answers regarding the origins of COVID-19, China retaliated by halting imports such as coal, wine, and beef.
“Countries ...