Warming Trend in China, Taiwan Relations

For decades, Taiwan kept ahead of rival China through dollar diplomacy, luring allies with cash and aid. Then China's economy roared, and it started winning the global contest to buy friends. Malawi, the latest target, switched allegiance to Beijing last month, and has given Taiwan until the end of this week to withdraw all embassy staff. Left with only 23 official allies, down from 30 in 2000, Taiwan accused Beijing of "buying" Malawi with $6 billion; China's Foreign Ministry rejected the...
Try Our Subscription Options

You've Hit Your Limit of 5 Free Articles This Month

  • $14.99

    Print & Digital

    3 Month Trial

    Weekly home delivery with free shipping, access to Newsweek’s website and the complete online archive.

    Try Print & Digital

    WILL RENEW AT $39.99/QUARTER

  • $4.99

    Digital Only

    3 Month Trial

    Access to Newsweek’s website and the complete online archive.

    Try Digital Only

    WILL RENEW AT $12.99/QUARTER