Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

China fumes over U.S. arms sale to Taiwan

by Tony Sagami on October 7, 2008

in Asian Market, Stock Market in China

The U.S. is authorizing the $6.5 billion of arms sale to Taiwan and China is spitting mad about it.

Taiwan is getting 330 Patriot ground-to-air missiles, 30 Apache helicopters, 182 Javelin anti-tank missiles and spareparts for Taiwan’s existing fleet of F16 fighters.

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