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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