Many people in the Republic of China (ROC) on Taiwan perceive or are worried that the country may lose its sovereign status in the foreseeable future, especially after the signing of the LiangAn (Bicoastal/Cross-Strait) Economic Cooperation Framework Agreement (ECFA) qua formal treaty rather than a quasi-treaty, budget bill or proposed law in late June 2010. Arguably, mainland China is not ready to reunify both Taiwan and the mainland, because it must make sure that it can first bring about its political reforms to fruition in the next 10 years or so. Otherwise, the Chinese reunification will be less appealing to the people of the Taiwan area. The author argues that, if the ruling party of the ROC can play politics on the mainland, if Taipei can be involved in many international regimes, and if it can play an active role in the South China Sea (SCS), the sovereign status of the ROC can be assured.