However, they seldom examine in detail what would happen if a Chinese military operation against Taiwan were to fail. In a new study published by the German Marshall Fund of the United States, we investigate the consequences of a failed Chinese military operation against Taiwan and find that the costs to China would be massive. China would face challenges across four different, but interrelated, areas: its economy, its military capabilities, its social stability, and international costs.

Almost every week, reports surface about a new wargame simulating a Chinese attack against Taiwan. Those exercises, carried out by academics, think tanks, and governments, are often meant to test how U.S. and allied forces would respond, stressing them to the limit. As a result, the scenarios tend to focus on the challenges that Washington, Taipei, and others would face in the first days or weeks of a conflict.

Almost every week, reports surface about a new wargame simulating a Chinese attack against Taiwan. Those exercises, carried out by academics, think tanks, and governments, are often meant to test how U.S. and allied forces would respond, stressing them to the limit. As a result, the scenarios tend to focus on the challenges that Washington, Taipei, and others would face in the first days or weeks of a conflict.

However, they seldom examine in detail what would happen if a Chinese military operation against Taiwan were to fail.

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