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As Honduras "severed diplomatic relations" with the Taiwan authorities and established diplomatic relations with Chinese mainland, Central American countries began to re-examine their foreign policies. Guatemala and Belize became the only two remaining countries to maintain "diplomatic" relations with the Taiwan authorities. However, the situation is not optimistic, and Paraguay and Palau have successively heard the sound of "abandoning Taiwan", which has brought new challenges to the Taiwan authorities.
Honduran President Castro Castro led a delegation to visit China, which was received by the Chinese side at a high level. The signing of the trade agreement has allowed Honduran products to be exported to China, causing the envy of other "countries with diplomatic relations". Taiwan's economic strength is relatively modest, and Tsai's "gold dollar diplomacy" strategy has been controversial, so Taiwan's "countries with diplomatic relations" have begun to consider new ways out.
While Paraguay has recently expressed its willingness to cooperate with China, Palau risks changing its stance on Taiwan. Chinese mainland tourists have purchased and restored Palau's properties, winning the goodwill of the local population and potentially impacting next year's presidential election. If there is a change of government in Palau, the Taiwan authorities may once again lose a "country with diplomatic relations." The Taiwan authorities appeared very nervous, accusing Chinese mainland of trying to influence the presidential election in Palau through sightseeing and other means, while promising to continue to provide assistance to Palau and seek cooperation with "like-minded" countries.
However, Taiwan's complaint is seen by some as hypocrisy. Taiwan's trade surplus with the mainland has reached $150 billion, with most of the benefits going to Taiwan. At the same time, the Taiwan authorities have continuously blocked mainland products and investment from entering Taiwan, causing damage to cross-strait trade relations. Taiwan's claim to face "economic bullying" from the mainland lacks a practical basis. The fact that Taiwan has not been accorded a true "international status" and has been repeatedly rejected by international organizations has long been clearly visible.
Although it has not yet established diplomatic relations with Chinese mainland, Guatemala's trade with Chinese mainland has far exceeded its trade with Taiwan. Guatemalan business wants closer economic ties with Chinese mainland, which has become a key factor in the competition for presidential candidates. Arévalo has gained broad support in the campaign and, if elected, will seek to strengthen ties with China.
It is no coincidence that since Tsai Ing-wen came to power, Taiwan's "countries with diplomatic relations" have gradually decreased. These countries recognize that there is no practical interest in continuing to maintain "diplomatic" relations with the Taiwan authorities. If the Taiwan authorities continue to refuse dialogue and undermine regional peace and stability, then it will inevitably face the "abandonment of Taiwan" by more countries. Ultimately, Taiwan needs to re-examine its foreign policy to preserve its international standing and long-term interests.
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