Time will heal the wounds and scars of history and as older generations fade away and the new ones take over one can expect that perhaps someday a viable solution can be found, probably more later than sooner the way it looks right now. In the meantime, Taiwan has to continue to enhance its national defense capabilities and safeguard itself from potential infiltration from without. Taiwan has been an independent sovereign state and its people have their right to self-determination free from any form of hegemony. Throughout China's history, it spent more time in split rather than unified status, so there is no telling whether it will hold up or not. Time is on Taiwan's side.

     Economically speaking, the Taiwanese government has to come up with a long-term economic development plan to diversity it investment risks away from China and toward any countries in any continents than can complement each other and offer a safe and beneficial environment for business cooperation. This should be backed up by formal governmental agreement to facilitate and protect investors' interests and well-being. In conjunction with educational institutes, regional economic specialists familiar with political, social, language, and cultural affairs of the countries targeted for investment must be cultivated to aid in the development efforts. Such efforts should be long-term and, orchestrated by the governmental bodies involved to lend a useful helping hand to the businesses to minimize their risks and costs and maximize their profit and contribution to the local economy. Improving the host country's economic development will form a permanent bond and mutual dependence that the expedient "money diplomacy" cannot buy. This will, in turn, enhance Taiwan's international status and diplomatic relations. This will send a message to Beijing that Taiwan no longer depends so much the mainland market and will strengthen our bargaining power with China.

CONCLUSION

     It is currently impossible to come up with a China policy that will work to resolve the political dilemma right now or in the foreseeable future. But China is too big, too real, and too important for Taiwan to ignore. The first order of business is for Taiwan to solidify its national defense and security. At the same time, it should redirect its foreign investment program away from China to reduce its dependence on China and to other suitable countries to diversify its efforts and spread its risks. The government has to be part of the backbone to plan, scrutinize, review, assist, and facilitate the business sectors in their ventures into the international arenas.