The US Strategic Pivot to Asia and Cross-Strait Relations: by Peter C. Y. Chow (eds.)

By Peter C. Y. Chow (eds.)

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Extra info for The US Strategic Pivot to Asia and Cross-Strait Relations: Economic and Security Dynamics

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Japan is not only Taiwan’s second largest trade partner, but its strategic support has always been sine qua non to the island’s security as well. Tokyo has consistently denied any active defense role in the light of its close economic relationship with the mainland, but as the locus of the largest and closest American forward bases in the region, Japan would be assumed to render vital logistic support to any American defense effort in any kinetic scenario. mp=5. shall see, the intensified Diaoyu/Senkaku territorial dispute in the East China Sea complicates this presumption.

The corresponding figures for the mainland are much smaller. Despite the asymmetric economic relationship, the trade balance has consistently been in Taiwan’s favor. Yet the positive impact of cross-strait trade on Taiwan’s economy seems to have evaporated since the 2008 global financial crisis. 1 Certainly it falls far short of Ma’s “633” campaign promise in 2008 (annual GDP growth of 6 percent, 3 percent unemployment rate, and an increase of per capita income to US$30,000). 2). Linking Taiwan’s economy more closely to that of the mainland at a time when the PRC’s GDP growth has been declining annually (since 2010) and remains even more skewed distributionally may prove to have been badly timed.

90–105. com/article/asia/china/ AJ201304270049. On April 10, 2013, however, Japan agreed that Taiwan’s fishing fleet could fish in a 7,400 km area around D/O, an additional 4,530 km2 of contested ocean. ) The two sides also agreed to establish a bilateral fishing commission to settle other issues related to fishing in the area. The commission’s first meeting opened in Taipei on May 7, 2013. CHAPTER 3 An Indispensable Pillar of Obama’s “Pivot” to Asia: Continuing Strategic Ambiguity across the Taiwan Strait Dean Chen T hough not explicitly stated in President Barack Obama’s “pivot” or “rebalancing to Asia” policy, Taiwan remains an essential, albeit a silent, partner of Washington’s renewed focus toward the region.

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