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Xia Yeliang

Xia Yeliang

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Xia Yeliang, a former professor of economics at Peking University, is a visiting fellow at the Cato Institute.

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  9. haass130_MANDY CHENGAFP via Getty Images_taiwan MANDY CHENGAFP via Getty Images

    The Taiwan Triangle

    Richard Haass

    The goal of US policy toward the island should be to reduce uncertainty about America’s intentions and its ability to make good on them, while underscoring to Chinese leaders the economic and military costs of aggression. As much as China’s leaders want Taiwan, they also want to maintain power and the Communist Party’s political monopoly.

     explains why the island’s status is a situation that must be managed, not a problem that can be solved.

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