Although the Taiwanese government has yet to decide whether to accept China's offer of two giant pandas, Beijing has already named the pair "Tuan-tuan" (
Taiwan has been understandably hesitant over accepting the pandas. At a Council of Agriculture meeting last Friday, the majority of the experts attending believed that the pandas should not be removed from their natural habitat. The council will announce its decision on the pandas on April 3.
The problem does not lie with the pandas per se. They are adorable and hold considerable appeal to the Taiwanese public. The problem is the conditions imposed by Beijing. These pandas are also a souvenir of former Chinese Nationalist Party (KMT) chairman Lien Chan's (
This is perfectly clear in the manner the gift is being made. By refusing to present the pandas officially to the government of Taiwan, China seems to be opting for the back door rather than the main gate. Taiwan has little option but to reject a gift given in this manner. If Taiwan accepts the gift of the pandas via an opposition party or private organization, this would set a capitulationist tone for cross-strait relations.
According to international conventions, exporting endangered species is prohibited. But from China's perspective, the matter is simple: If Taiwan is a part of China, export rules simply do not apply. Accepting the pandas would then be tantamount to telling the world that Taiwan accepts the "one China" principle.
If the pandas are nevertheless brought to Taiwan, they will certainly be given a warm welcome, with the public fighting for a glimpse of these creatures at an overcrowded zoo. But politically, the pandas' presence will be a black eye for Taiwan. This is something that the government cannot accept.
Whether the pandas take up residence in Taipei Zoo, Taichung's Takeng Zoo, or the Leofoo Village Theme Park, all are captive environments. They are not a natural habitat for pandas to live and breed in. For the pandas, moving to Taiwan would be a case of killing them with love.
China has lent its pandas to a number of US zoos as a symbol of goodwill. This led to a period of intense public interest in the animals. But now that the excitement has died down, the fees for the loan of the animals have become a burden. The New York Times recently reported that the Atlanta Zoo and three other US zoos are finding the annual US$2 million fees paid for the animals increasingly onerous. Feeding the animals their special diet is also a burden. As a result, the zoos said that they are considering returning the animals to China if they cannot reach some agreement on lowering the fees.
If the pandas are able to overcome the political obstacles that stand in their way, then the Taiwanese public will be able to enjoy the sight of these rare creatures. If not, everyone in Taiwan can still breathe a sigh of relief and wish the pandas a happy life in their natural habitat. There would be a valuable lesson to be learned from that: One does not have to possess something to be able to appreciate it.
The conflict in the Middle East has been disrupting financial markets, raising concerns about rising inflationary pressures and global economic growth. One market that some investors are particularly worried about has not been heavily covered in the news: the private credit market. Even before the joint US-Israeli attacks on Iran on Feb. 28, global capital markets had faced growing structural pressure — the deteriorating funding conditions in the private credit market. The private credit market is where companies borrow funds directly from nonbank financial institutions such as asset management companies, insurance companies and private lending platforms. Its popularity has risen since
The Donald Trump administration’s approach to China broadly, and to cross-Strait relations in particular, remains a conundrum. The 2025 US National Security Strategy prioritized the defense of Taiwan in a way that surprised some observers of the Trump administration: “Deterring a conflict over Taiwan, ideally by preserving military overmatch, is a priority.” Two months later, Taiwan went entirely unmentioned in the US National Defense Strategy, as did military overmatch vis-a-vis China, giving renewed cause for concern. How to interpret these varying statements remains an open question. In both documents, the Indo-Pacific is listed as a second priority behind homeland defense and
In an op-ed published in Foreign Affairs on Tuesday, Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) said that Taiwan should not have to choose between aligning with Beijing or Washington, and advocated for cooperation with Beijing under the so-called “1992 consensus” as a form of “strategic ambiguity.” However, Cheng has either misunderstood the geopolitical reality and chosen appeasement, or is trying to fool an international audience with her doublespeak; nonetheless, it risks sending the wrong message to Taiwan’s democratic allies and partners. Cheng stressed that “Taiwan does not have to choose,” as while Beijing and Washington compete, Taiwan is strongest when
US Secretary of the Treasury Scott Bessent and Chinese Vice Premier He Lifeng (何立峰) are expected to meet this month in Paris to prepare for a meeting between US President Donald Trump and Chinese President Xi Jinping (習近平). According to media reports, the two sides would discuss issues such as the potential purchase of Boeing aircraft by China, increasing imports of US soybeans and the latest impacts of Trump’s reciprocal tariffs. However, recent US military action against Iran has added uncertainty to the Trump-Xi summit. Chinese Minister of Foreign Affairs Wang Yi (王毅) called the joint US-Israeli airstrikes and the