PRICE OF WAR: If a conflict disrupted Strait traffic, China would have to transport some goods by land, creating bottlenecks and harming regional economies, a report said By Chen Cheng-liang and Sam Garcia / Staff writers China would face massive economic costs if it blockaded or invaded Taiwan, a Washington think tank said in a report, adding that “a conflict over Taiwan poses the gravest threat to trade in the region.”While Chinese officials have long warned of a “Malacca dilemma,” China faces a more severe Taiwan Strait quandary considering that in 2024 “nearly US$1.3 trillion of Chinese trade transited the Taiwan Strait — nearly 33 percent more than through the Malacca Strait,” the Center for Strategic and International Studies said in a report published on Wednesday last week titled “