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President Biden

Self interest

The tensions between China and the US-led West are, as a result, hurting both sides where it matters ~ economically.

Tsai gained most from China-US standoff

The US does not recognize Beijing’s claim over Taiwan, but admits that ‘it exists.’ It is currently providing Taiwan with military equipment to boost its military capabilities to counter Chinese aggression. There are also US military personnel on the island, training Taiwanese forces.