Taiwan is caught between two powers -- and Japan can help

Bringing the self-ruling island into TPP is one option

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Taiwan's President Tsai Ing-wen is willing to negotiate an FTA with the U.S. © Reuters

These are challenging times for Taiwanese companies. Both the U.S. and China know that access to Taiwanese technology could decide who rules the digital market.

Many Taiwanese companies are under pressure to choose sides. But if they responded to every policy whim coming from Washington or Beijing, their management would be unable to function, and the world's free trade system could be damaged.

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