Word: taiwan
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...Americans obsessed with plugging the Fulda Gap. Foreign Minister Yang Jiechi was there this year, and he knew there was no chance he could avoid the single most important issue that leaders in the here and now confront: not Internet censorship in China, not U.S. weapons sales to Taiwan. No, the question of the day is whether the Islamic Republic of Iran will be permitted to develop nuclear weapons while the rest of the world stands around and chats about it. Here's what Yang told the group in Munich: "The parties concerned should, with the overall and long-term...
...Beijing has what it used to call "core interests" - issues that stand above and beyond the rest. Taiwan is one. Another - a recent product of its economic surge - is long-term access to the oil, gas and minerals needed to fuel the country's growth for decades to come. Iran, from whom Beijing now buys a tick over 400,000 barrels a day (about 14% of China's total oil imports), is clearly part of that future. But U.S. Secretary of State Hillary Clinton recently called out Beijing in public to get off the fence and sign...
...tweaked and retested so they can come out looking and tasting roughly the same in every McDonald's in every part of America. (Teams led by other chefs work on other continents; that's why McDonald's has used rice patties as burger buns in Hong Kong and Taiwan and now offers a whole-shrimp sandwich on a steamed bun in Japan...
...This month, the President also approved the sale of $6 billion worth of arms to Taiwan, which China considers part of its territory. That provoked further anger from Beijing. Three senior Chinese military officers were quoted in an official newspaper suggesting that the government should sell some U.S. Treasury bonds in retaliation...
...China tensions flared anew on Feb. 2 as the Obama Administration reaffirmed the President's plan to meet with Tibetan spiritual leader the Dalai Lama and China denounced the U.S.'s $6.4 billion arms deal with Taiwan. Beijing has warned against the meeting and says it will punish U.S. companies like Boeing and United Technologies for selling arms to Taiwan, even though they are obligated to do so as participants in the U.S. Foreign Military Sales program...