Thursday, March 28, 2024

Recent Developments across the Strait: Lessons for Southeast Asia

Southeast Asian countries consider recent development across the Taiwan strait not only encouraging but also promising. Taiwan has recently declared the focus of its policy toward the mainland on economic diplomacy and cooperation and announced that it would resume flights across the strait and open its doors to welcome tourist from the mainland. These measures have met China’s “peaceful rise”, laying the foundation for more constructive relations and helping build pragmatic but unofficial contacts. This also has spill over effect in Southeast Asia. However, China has to show its consistency and determination to be a more responsible player in and a more reliable partner of Southeast Asia. In so doing, China would be able to turn a trouble spot into a catalyst for stability in the region. The author concluded by recommending: (1) greater cooperation opportunity among North Asian countries to construct a global financial system in Asian terms and rules; (2) twinning between cities across the Strait to ensure that the current policy continues well beyond the incumbent President; (3) joint efforts by China, Taiwan and South East Asian neighbours to remove barriers to closer cooperation between them. These would certainly help Southeast Asian countries gain greater confidence in China.

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