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3Novices:Taiwan faces political, not economic, hit after Panama switches ties to Beijing

Beijing’s move to establish ties with Panama, part of its push to woo Taiwan’s remaining friends, matters more to the political prospects of the island’s president, Tsai Ing-wen, than to its economy.
The long-anticipated defection, which Chinese and Panamanian officials celebrated with champagne on Tuesday, left Taiwan with just 20 diplomatic partners and underscored how far relations between Beijing and Taipei have deteriorated since Tsai’s election last year.
The…
June 14, 2017 at 01:30PM http://ift.tt/2sn64sj
#3Novices #News #OnlineMedia #China 3Novices China

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