While China weighs the move as being against the ‘One-China Policy’, the American initiative is actually for the neutralisation of the Taiwan Straits and keeping the Taiwanese golden goose (GDP – $324 billion; forex – $225.8 billion; 2005) outside the reach of the PRC. The American move to contain China would obviously be countered by the increased association of China with Iran & Russia; and aggressive diplomatic parleys in the Central Asian States. But for the near future, Taiwan would certainly continue the life of an international pariah (only 25 countries recognise it & have diplomatic relations with it) even if courted by the lone super-power, US.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
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