News Snapshot:
During the Summit for Democracy convened by US President Joe Biden, Nicaragua renounced diplomatic ties with the Republic of China (ROC) and re-established diplomatic relations with the People’s Republic of China (PRC). This means that following Tsai Ing-wen’s ascension to the top post in Taiwan, the ROC has lost eight diplomatic allies in six years, leaving it with only 14. The timing of the move by Beijing and Nicaragua is undoubtedly retaliation for the US's support of Taiwan, and the strengthening of ties with Taiwan by certain European countries. And Beijing's timing is very often based on whether there is...
