U.S. immigration policy toward the People's Republic of China bloc. In February 1950, after months of hard bargaining, China and the Soviet Union signed the Treaty of Friendship, Alliance, and Mutual Assistance, valid until 1980. Many Americans were at a loss of what to do in regards to foreign policy concerning mainland China. The debate which took place in the United States as a result of the removal of the Kuomintang and Chiang Kai-shek to the island of Taiwan centered on Republican charges that the Democrats "lost" China. "Without question, the critics had by early 1949 convinced many Americans that Truman was, shockingly, abandoning China, China being equivalent with
Economy of Taiwan as in mainland China and Vietnam, Taiwan's future development will have to rely on further transformation to a high technology and service-oriented economy. In recent years, Taiwan has successfully diversified its trade markets, cutting its share of exports to the United States from 49% in 1984 to 20% in 2002. Taiwan's dependence on the United States should continue to decrease as its exports to Southeast Asia and mainland China grow and its efforts to develop European markets produce results. Taiwan's accession to the WTO and its desire to become an Asia-Pacific "regional operations center" are spurring further economic liberalization. Taiwan