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Sign InChinese President Xi Jinping hosted Cheng Li-wun, Chairwoman of Taiwan’s main opposition Nationalist Party, for a rare high-level meeting in Beijing to bolster political dialogue. During the discussions, both leaders emphasized their commitment to a peaceful resolution of the decades-long cross-strait crisis while rejecting external intervention. A key theme was Xi’s assertion that Taiwan should not serve as a "chessboard" for foreign powers, a clear signal directed at US influence. This diplomatic move comes strategically ahead of a planned mid-May summit between President Xi and US President Donald Trump. Analysts suggest the meeting aims to weaken Washington's support for Taiwan by projecting a narrative of regional stability and potential reunification. While the dialogue reduces immediate military tensions, it signals a strategic effort to isolate the current Taiwanese administration, creating mixed signals for tech supply chains and regional assets like TSM and the TWD.