China is determined to reincorporate Taiwan—raising the stakes for countries and for businesses.

By 2027, China could be militarily capable of taking over Taiwan, backed by the world's largest navy and a growing air force. What's next for China-Taiwan relations, and how does their relationship affect Western businesses?

Join Steve Odland and guest Dr. Lori Esposito Murray, senior fellow for national security and managing director of CEO programs at the Council on Foreign Relations, to find out how Taiwan got here, why China could seek to blockade or quarantine Taiwan, and what options are available to the US to deter or counter such threats.

(01:01) China's Military Buildup (03:41) Historical Context of China-Taiwan Relations (04:43) Post-WWII and Civil War Dynamics (07:38) US-China-Taiwan Relations and Policies (09:54) Europe's Stance on Taiwan (12:00) China's Intentions and Taiwan's Response (15:05) Potential Conflict Scenarios (24:02) Business Implications and Conclusion

For more from The Conference Board:

• The US-China Trade War Escalates

• China, Taiwan, Japan, and the New Administration

• The Future of the CHIPS and Science Act