China: January 16, 2004

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China continues to threaten Taiwan with dire consequences if the island does not surrender it's independence and merge with China. But it's becoming increasingly obvious that China does not have the military capability to take Taiwan by force, and would risk economic ruin by attempting to blockade Taiwan (because Chinese ports could be blocked by mines in retaliation.) No one wants to say out loud that the Chinese are a paper tiger, as it appears quite safe to allow the Chinese to rant and otherwise do no damage to Taiwan.

 

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