I think Bush got asked a question by a reporter without a teleprompter in front of him. He got the broad strokes right, but in the history of US/China/Taiwan relations, nuances take on an almost obscene proportion. Witness the brouhaha over “apology” versus “regret.” China US relations are a pretty complicated dance and Bush is a raw newcomer, so pardon not speaking according to form. This is not a change in China US relations.
You’ll also notice that Bush did not agree to sell Taiwan the Ageis class destroyers with the advanced radar detection and targeting capability. Instead he sold 4 old destroyers (that were earmarked for the Shah of Iran, I believe) and unilaterally agreed that the Europeans would sell some old submarines. Don’t worry, the deal on Most Favored Nation, WTO, the plane and the Beijing Olympics has been made in the backroom already.
China has made it clear that they would take back Taiwan by force should the Taiwanese unilaterally declare independance. Is this bluster? No one really wants to find out at the moment. The risk of military action is reducing over time as China modernizes and the leadership is replaced with increasingly younger, more worldly people.
Keep in mind that if China really wanted to, they could have retaken the few islands that Taiwan still holds right off of the cost of Fujian province. Just like China could have turned the water off on Hong Kong and retaken HK long before the 1997 handover. However, China has not yet taken such a step.
The best thing Taiwan could do is allow Mainland tourists to visit Taiwan. I don’t know the exact number but only a handful of Mainland Chinese have been allowed into Taiwan. The average Mainlander here knows nothing about Taiwan except for the propagana drilled into them since the cradle. The average Taiwanese they know is the stereotypical whore chasing rapacious robber baron small factory owner. After living in Taiwan for 5 years, I think they are some of the best people I’ve ever known.
Could China retake Taiwan? No, not at this time. Taiwan is a fortified island that’s spent the last 50 some odd years preparing for an invasion. China doesn’t have much in the way of a navy or landing craft capable of launching a physical invasion.
Finally, something that is never mentioned in the press anywhere is that Taiwan has the bomb. Oops, sorry, this is the great debates, for proof let’s just say that Taiwan has the money, one of the highest population of PhD’s in the world, have been in a declared state of war for 50 plus years and at least 4 nuclear power plants. Suffice to say, given this scenario and a hostile entity just across the water, whaddya think? I’m certain that the Taiwanese have made it abundantly clear that if push comes to shove, they would take out Guangzhou, Xiamen, Shanghai (where I live) and Beijing. Maybe more. Of course, Taiwan would then be obliterated, but this is high stakes poker.