Taiwan Is the Crisis America Cannot Afford to Miss
While Washington is engaged in one war, Beijing is studying—and calculating.
Chinese ships patrol as the People's Liberation Army conduct military drills on Pingtan island—the closest point to Taiwan—in eastern Fujian Province, China, on Dec. 30, 2025. Adek Berry/AFP via Getty Images
On March 3 and March 5, Undersecretary of War Elbridge Colby appeared before the Senate and House Armed Services Committees. In both sessions, lawmakers asked the same question: What is the current state of America’s ability to defend Taiwan?
Li Li
Author
Li Li, CFA, CIPM, CFP®, is an adjunct professor in the M.S. in Financial Planning program at New York University and a wealth management advisor at Forest Hill Financial Group. She studied economics at Rutgers University and the University of California–San Diego, has taught economics at Pace University, and previously served as a strategist and analyst at AT&T. She can be reached at [email protected]