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The US has made it an issue to defend to ensure credibility. Do we really care if China takes Taiwan? Probably not. However, Japan sure does. If we cave on Taiwan, it is a clear signal to every ally we have security assurances with that we have no intention of honoring them. At that point, that is the end of American hegemony really. For China, their government has turned it into a nationalism issue. Do they really care about Taiwan? Probably not, but they use it to fuel nationalist pride which is critical to the regime survival over there. Therefore, they can't really back off of the issue either.
The US has made it an issue to defend to ensure credibility. Do we really care if China takes Taiwan? Probably not. However, Japan sure does. If we cave on Taiwan, it is a clear signal to every ally we have security assurances with that we have no intention of honoring them. At that point, that is the end of American hegemony really.
For China, their government has turned it into a nationalism issue. Do they really care about Taiwan? Probably not, but they use it to fuel nationalist pride which is critical to the regime survival over there. Therefore, they can't really back off of the issue either.
