Taiwan's status is not merely a diplomatic issue: it also has implications for Asia's stability and a significant share of global trade. In this episode of Taiwan: a Chinese Territory, independent geopolitical analyst Jean Pégouret traces the origins of the one-China principle and examines the roles of the United States and Japan, as well as the stance France should adopt. From semiconductors to cross-Strait exchanges, he explores how Taiwan's reunification could pave the way for mutually beneficial outcomes.