The New York Times reports, "President Trump's trade war with China has prompted a broad rethinking of how the American and Chinese economies have become so intertwined, leading some manufacturers to trim supply chains in China and the American authorities to start cutting off access to crucial technology for Chinese companies like Huawei. Now another important area is getting a close look: financial markets. Some trade experts and others urging the Trump administration to keep a hawkish stance are discussing whether the White House should curb China's access to Wall Street. Chinese companies have raised tens of billions of dollars through American financial markets in recent years. The so-called decoupling is part of a broader effort by trade hawks to weaken the economic relationship between the two countries, which they argue has grown too close."

The Washington Post reports, "Taiwan landed war planes on a normally busy highway Tuesday to simulate a response to a Chinese attack on its airfields, part of annual drills designed to showcase the island's military capabilities and resolve to repel an attack from across the Taiwan Strait. Taiwanese President Tsai Ing-wen presided at the exercise in the southern county of Changhua, not far from one of the island's main air bases at Taichung, which comes amid perceptions of a rising military threat from China, whose rulers claim the island as their own territory. 'Our national security has faced multiple challenges,' Tsai said. 'Whether it is the Chinese People's Liberation Army's long-distance training or its fighter jets circling Taiwan, it has posed a certain degree of threat to regional peace and stability.' 'We should maintain a high degree of vigilance,' she added."