When responding to threats against Taiwan, U.S. leaders generally assume that Chinese leaders actually want to annex the island—as a recent reportby the congressionally mandated U.S.-China Economic and Security Review Commission concluded. And Beijing has expressed numerous times that it considers any means justified in taking Taiwan. But over the last few decades, threatening Taiwan has been advantageous for China, often gotten it what it wanted, and has been more fruitful—and far less costly—than seizing the island by force would have been.
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