With China’s economy failing, the Chinese KMT-Nationalist party living in exile at Taiwan may have made a mistake in trying to merge the fates of the New Taiwan Dollar with the Chinese Yuan. Election time in Taiwan could mean a political “pay day”. China is in financial crisis.
Weapon sales from the US to Taiwan have stalled during the tenure of Obama and Ma, Taiwan’s president. Both elections are in 2016 and analysts are wondering why the US won’t deliver on its sales to Taiwan. The obvious answer seems to evade experts and pundits. Even with America’s failed negotiations with China, the Pentagon doesn’t seem stupid enough to sell weapons to a nation run by leaders who don’t know how to explain their own foreign policy. The Pentagon delivery service will deliver once Taiwan clearly announces which country should appear on the shipping label.
In the meanwhile, China’s bad economy seems more scary than Greece’s. · · · →
Hong Kong is back at it, this time marching on local elections. Japan is outraged over Muslims beheading one of their own, Asia is watching. Taiwan’s President is ever less popular and now with more proof than ever. Little news happened this week, but much analysis and beautiful night pictures of Hong Kong and Taiwan are going viral. The media would have us think that life in Taiwan sure is great. Is war near? Taiwan will be a major question, arguably the linchpin because of both reputation and regional strategy.
When Shang Kai-Sheck fled to Taiwan in 1949 during China’s Communist revolution, Beijing had a golden opportunity. They could have declared victory.
The Communists knew that they would not be able to pursue the KMT-Nationalists because taking Taiwan is nearly impossible, even today. If Beijing’s goal was reunification, they should have declared a Machiavellian victory, pretended to recognize Taiwan as a nation, and normalized relations. · · · →