Recent developments have revived the so-called ‘Taiwan problem' in regional and global security. These developments point to a coming crisis over Taiwan that would present a grave security challenge to the United States and its allies, including Australia. While attention is currently focused on the Korean peninsula on account of North Korea's development of ballistic missiles capable of hitting the United States, the crisis over Taiwan is quietly brewing in the background. Indeed, it is over Taiwan that the United States and China could potentially come into direct conflict.
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