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  • We've had China's President Xi meeting Taiwan's former leader.

  • It's a pretty interesting development.

  • Yeah, that's right. I mean, look, this is more weighted on the symbolic side than the actual ushering in of change across the Taiwan Strait.

  • It is an effort by Xi Jinping to reach across the strait and embrace a former Taiwanese leader who kind of shares the vision of, you know,

  • latching on to the common culture and the common identity of the greater Chinese nation.

  • And that's what Ma Ying-jeou has really advocated since he left office in 2016.

  • But keep in mind, the former ruling party, now the opposition Kuomintang, Ma Ying-jeou, was the last president who was elected for that party,

  • and they have lost three consecutive presidential elections.

  • Now, he's been a powerbroker within the KMT,

  • but he failed to get the two opposition candidates in the last election in January to join forces that could have potentially beaten the DPP candidate who's now president -- will be president in May, Lai Ching-te.

  • Look, the opposition two candidates got 60% of the vote, Lai Ching-te got 40%. If they have combined their efforts, as Ma Ying-jeou tried to do, they potentially could have won that election.

  • So I think Xi Jinping in Beijing is kind of seeing an opportunity that people in Taiwan don't want war.

  • They don't want conflict. They're still leaning towards the DPP, but there's a bit of a crack, an opening for soft power to work.

  • And I think that's what Xi Jinping is trying to leverage.

  • Is this also as much as appealing to the Taiwanese people, but also an outward projection given the timing of this meeting, as we see the US-Japan meeting at the moment?

  • Absolutely. I mean, again, Xi Jinping in those comments in the Great Hall of the People, as he shook hands with Ma Ying-jeou, essentially said, and I'll quote him exactly.

  • "External interference cannot stop the historical trend of national reunification."

  • External interference. So there was a not so veiled jab at the United States.

  • Again, so this is against the backdrop of of increasing tension, if you will, over the whole Taiwan issue.

  • And in the past or in the past year or two years since really Nancy Pelosi visited in the summer of a year and a half ago,

  • there's been ramped-up efforts by Beijing, either militarily, economically, as well as diplomatically to further isolate Taiwan because of the rising bifurcation, if you want to call it,

  • between East and West, China-US relations over that time frame.

  • So, look, Xi Jinping has been able since Ma Ying-jeou left office in 2016, he's been able to court ten nations that previously recognized Taiwan to Beijing, and that is significant.

  • Further isolation of Taiwan diplomatically and the economic efforts that have been ongoing, and then militarily.

  • So far since the election of Lai Ching-te in January, there have not been any war games in the Taiwan Strait.

  • But again, May 20th is that inauguration. There's still time for that.

  • But he's using soft power with courting Ma Ying-jeou to kind of get a pulse check on what the people of Taiwan really want after that election.

We've had China's President Xi meeting Taiwan's former leader.

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