2. TAIWAN
Since 1972, the United States has formally accepted the mainland's "one China" formula while maintaining that neither side shall alter the status quo by force. Beijing, however, reserves the right to use force, which allows Washington to justify its continued arms sales to Taiwan. In recent years, Taiwan and China have been improving their relationship. America's decline, however, would increase Taiwan's vulnerability, leaving decision-makers in Taipei more susceptible to direct Chinese pressure and the sheer attraction of an economically successful China. That, at the least, could speed up the timetable for cross-strait reunification, but on unequal terms favoring the mainland.
At stake: Risk of a serious collision with China.
PATRICK LIN/AFP/Getty Images


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