Taiwan's Bounty

George W. Bush is a man of black and white working in a world of grays. He tends to think things are either good or bad—which he might say is good when you're running for President, but he knows now can be bad when you're sitting in the Oval Office. Bush last week ventured into the foreign policy arena, armed with the bluntness that is key to both his image and his personality, and appeared to overturn decades of finely honed policy toward Taiwan and China.

His statements, coming at a time when relations with Beijing are...

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