Taiwan president decries China's 'dollar diplomacy' as Honduras opens ties with Beijing

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The president of Taiwan said that her country refuses to 'engage in a meaningless contest of dollar diplomacy with China' after Honduras opened ties with Beijing on Sunday.

, originally said on March 14 that she had instructed Honduran Foreign Minister Eduardo Enrique Reina to open relations with Beijing, explaining that it was a sign of her"determination to comply with the Government Plan and expand the borders freely in concert with the nations of the world."

Honduras President Xiomara Castro of the Freedom and Refoundation Party speaks during a ceremony to present credentials from the National Electoral Council certifying her victory in the Presidential Elections on December 30, 2021, in Tegucigalpa, Honduras. Taiwan now only has formal relations with 13 nations, including seven in Latin America and the Caribbean. Nicaragua, which shares a border with Honduras, cut ties with Taiwan in December 2021, saying at the time that"Taiwan is an inalienable part of the Chinese territory."In a warning to other countries, Taiwan's Ministry of Foreign Affairs accused China on Sunday of making"ostentatious commitments to lure Taiwan’s diplomatic allies into switching diplomatic recognition.

"However, once China achieves its diplomatic objectives, it often fails to uphold its pledges, leaving some beneficiary countries mired in debt," the ministry said in a statement. Paul Best is a breaking news reporter for Fox News Digital and Fox Business. Story tips and ideas can be sent to

 

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I mean what do you expect Taiwan only makes chips, while China makes everything you can imagine, it’s a no brainer who would choose Taiwan over China if they are still a poor and developing country. Taiwan

China will destroy all missionaries in Hondrus

better than american 'weapon diplomacy'

China doing this to Taiwan. 😂😂😂😂

⚠️⚠️Warning: The Communist Party of China, like the former Communist Party of the Soviet Union, is secretly taking away American security, wealth, freedom, democracy and the rule of law. Xi Jinping hopes to rule mankind. 中國共產黨習近平希望統治人類。

Trump showed the world a side of America they’d never seen. He destroyed the integrity of every institution in the country while the world watched and now the dysfunctional bully wants to turn the presidency into a mafia style dictatorship 🤦‍♀️ Good luck keeping old friends!

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