War over Taiwan? For 50 years, Taipei and Beijing have conducted a symphony of sword rattling over the island. Conventional wisdom suggests China's giant army would steamroller Taiwan. But U.S. sources suggest a more nuanced view--one that may keep Beijing's sabers sheathed for a while. "I don't think there is a realistic likelihood that the P.R.C. would do something as extraordinary as invade Taiwan," says Navy Secretary Richard Danzig. "The cost would be way too high for them." Here's why:
LANDLOCKED China's 2.5 million-strong army looks terrifying--it's six times as large as Taiwan's--but it would have a hard time getting to...