BlackRock Says US-China Tensions Are Top Geopolitical Risk

The US-China “strategic competition” is the most significant geopolitical risk, says BlackRock Inc. Despite recent efforts to stabilize ties, the relationship remains fragile. BlackRock’s report highlights concerns over China’s activities in the South China Sea and its pressure on Taiwan. The US is boosting support for Taiwan, and though direct military conflict seems distant, risks are rising. China’s unexpected actions against Foxconn, a major contributor to China’s economy, suggest tensions in the Taiwan political landscape.