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As flashpoints go, few come flashier than Taiwan. To pick one incident from a string of recent close calls: the visit of Nancy Pelosi to Taipei in the summer of 2022. Pelosi, then speaker of the House and third in line to the presidency, was travelling to Taiwan to make an "unequivocal statement that America stands with Taiwan". The visit produced predictable fury in Beijing: it was "manic, irresponsible and highly irrational", according to officials; Pelosi was "playing with fire". Troops were placed on high alert; military exercises were ordered; missiles were launched into the Taiwan Strait. The editor of…
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