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Since Chinese president Hu Jintao took office in March 2003, Beijing has gradually developed a new approach to the Taiwan issue. The new strategy appears to be “speak softly and carry a big stick” toward proponents of Taiwanese independence and relying on Washington to rein in the proindependence Democratic Progressive Party on the one hand, and, on the other hand, actively seeking reconciliation with the anti-independence Chinese Nationalist Party by offering economic benefits to Taiwan and making limited concessions on some difficult bilateral issues—including the sovereignty issue—to promote better economic and social relations and to undercut support for Taiwanese independence. Although the new approach has contributed to the current reconciliation, there is no change in Beijing's fundamental principles, and the current rapprochement is largely limited to the area of economic cooperation. The long-term impact of the rapid economic integration should not be underestimated. Taiwan may also become socially and culturally integrated with the People's Republic of China, and the foundation will be laid for eventual reunification. [ABSTRACT FROM AUTHOR]

This article examines the long-term implications of the January 2007 launching of China's first successful antisatellite missile into space on China-U.S.-Taiwan relations. While the launch caused alarm across the Taiwan Strait, views in the United States were mixed as to whether the launch was the beginning of the militarization of space or a bid to force the United States to sign a treaty to avoid a costly arms race. The article examines these views in the context of historical tensions between China and the United States over Taiwan. [ABSTRACT FROM AUTHOR]