The “One China” policy is under attack.

Tensions between China and America are at a new, dangerous high following Nancy Pelosi’s recent visit to Taiwan in her capacity as Speaker of the U.S. House of Representatives. The trip was seen in Beijing as an affront to the longstanding “One China” policy which asserts that Taiwan is part of China operating under its own system of governance. In retaliation, China immediately launched large-scale military drills around Taiwan and halted cooperation with the U.S. on military matters and the global fight against climate change. The American response has been to renew its support for Taiwan’s right of self-defence and signal that more U.S. navy ships will be transiting the Taiwan strait in the months to come.

What is the world to make of this crisis? Is it the opening act of a larger conflict between Beijing and Washington that could lead to war? Are there ways to defuse China-US tensions and re-establish relations between the world’s two superpowers to address common issues and concerns from climate change to the global economy to security in South Asia?

For a Chinese perspective on the state and future of Taiwan, China-US relations and the prospects for armed conflict the Munk Dialogues welcomed Professor Victor Gao, Vice President of the Center for China and Globalisation. He is a prominent Chinese lawyer, former investment banker and served as English language translator to the paramount leader of the People’s Republic of China, Deng Xiaoping. He is the Chair Professor of Soochow University.