Chinese Foreign Minister Wang Yi says Japan has "crossed a red line" with comments by the country's new leader suggesting a potential military intervention over Taiwan.

That role also means a war over Taiwan could be "cataclysmic," the report warned, potentially "wiping out as much as 10 percent of global GDP"—an unprecedented economic hit in modern times. The authors said the ramifications of such a scenario could be "on par with the 2008 Global Financial Crisis."

Beijing’s strategy, known as “the pen and the gun,” employs a domestic media campaign and aggressive rhetoric toward Taipei’s friends.

PANAMA CITY -- A planned trip by some Panamanian lawmakers to Taiwan has unleashed the latest diplomatic spat with China as the Central American country tries to navigate the turbulent waters between the Asian superpower and the United States.

Taiwan's president should take part in "rehearsals" focused on potential enemy movements in order to make more informed decisions during wartime, retired Ukrainian Air Force Colonel Andrii Ordynovych said in an interview with the Central News Agency, which is partially funded by Taiwan's government.