Taiwan’s cabinet announced on Wednesday that the military has increased its alertness level and that authorities will make plans to ensure the island’s safety and stability, following China’s announcement of a series of military exercises in response to US House Speaker Nancy Pelosi’s arrival in Taipei.

Taiwan’s government also said that its residents should be comforted, and that a national stock market stabilisation fund would carefully monitor the situation and respond in a timely way.

Source: Reuters

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