This is very interesting development going on. The current President of Taiwan, Ma Ying-jeou is forging closer ties with China. Although it is good that tensions in the Taiwan straights maPresident May have died down, this development has strategic consequences.

Will Taiwan Defect to China?

On Wednesday, Ma Ying-jeou marked his first anniversary as president of Taiwan by calling his initial year “fruitful.” And he had just cause for doing so. His most notable accomplishment so far has been a marked improvement in relations between the island republic and China. “In one year, we have transformed the strait from a dangerous flashpoint to a conduit of peace and prosperity,” he told reporters in Taipei.

Last month, Taipei and Beijing, which both claim to govern “China,” entered into historic agreements covering financial cooperation, regularly scheduled flights and judicial and law enforcement ties. That’s on top of deals signed in June 2008. All told, there have been nine pacts inked with Beijing during Ma’s first year.

This could alter the balance of power in Asia. At this rate China can buy Taiwan, thanks to all the money they made off us. We need to keep an eye on the Dragon.