Trump Administration Unveils $1 Billion Plan to Arm Taiwan

If you haven't heard yet about President Trump's plan to arm Taiwan, then, well, you probably don't live in China -- because China has been very vocal about this event. Calling America's plan to sell more than $1 billion worth of weapons to Taiwan a "wrong decision" that will "severely damage China's sovereignty and security interests"; the Chinese embassy to the U.S. said it was "outraged." And that's not all.

China went further, demanding last week that the U.S. "stop military contacts with Taiwan" -- and threatened "further action" if its demand is not met.

So what is it exactly about this deal that so upsets China, and why should investors pay attention? Here are the details.

Source: Fool.com