Taiwan says China dangled $3 billion to grab ally Dominican Republic

China's Vice President Wang Qishan shakes hand with Dominican Republic's Chancellor Miguel Vargas at the Zhongnanhai Leadership Compound in Beijing, China May 1, 2018. Minoru Iwasaki/Pool via REUTERS

TAIPEI/BEIJING – China offered the Dominican Republic a $3.1 billion package of investments and loans to get them to sever ties with Taiwan, a Taiwan official said on Tuesday, after the Caribbean nation switched allegiance to China in a diplomatic blow to the self-ruled island. China said there were no economic pre-conditions. Taiwan, claimed by […]

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