Recent high-level diplomatic visits to Taiwan risk rupturing permanently the U.S.’ “One China” policy. This policy is the foundation of the U.S.-China peaceful relationship. As Taiwan is the most preeminent security issue in U.S.-China relations, a miscalculation from either side, leading to a military conflict cannot be entirely ruled out.
Last year was the Year of the Rabbit for the Chinese – promising among other things good luck! However, China which came out of the global financial crisis almost unscathed (or at least better off than most major world economies) hit one too many ‘speed-bumps’ in 2011. Last year’s inflation is threatening a significant slow-down […]
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