China’s military invasion of Taiwan will cost the global economy $10 trillion. This corresponds to about 10% of global GDP, dwarfing the impact of Russia’s war against Ukraine, the COVID pandemic, and the global financial crisis, according to Bloomberg. According to the agency, China’s growing economic and military power, Taiwan’s growing sense of national identity, and the difficult relationship between Beijing and Washington mean that the conditions for a crisis are there. Given that the relationship between the two sides of the strait is on the ballot, Taiwan’s January 13 elections will be …