How To Defuse The Taiwan Crisis
The Pacific Century has dawned early in Asia, with China flexing its muscles years before anyone anticipated. By launching military exercises designed to bully voters in Taiwan's first free presidential election, China is redefining the Asian landscape. Determined to thwart the island's feint toward independence, China's intimidation tactics are rattling the political stability that has shaped the region's economic prosperity. Southeast Asian nations, with their own territorial disputes with China, are on edge. Japan, which is banking much of its industrial future on low-cost production in Asia, is worried. Most important, the U.S. is being thrust into a pivotal--and dangerous--central role in the Pacific. None other than Singapore's Lee Kuan Yew believes America alone can act as a counterweight to China in the changing Asian balance of power.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.