Contemporary China is increasingly becoming a regional hegemonic power in this early part of 21st century. With the advantage of being an exportation economy, China is currently strong enough to announce its staged policy of "peaceful rise" on the one hand, and politically cunning enough to request the European Union to abandon its arms embargo against China on the other, and further more, unambiguously courageous enough to challenge the existing powers of American-Japanese alliance in East Asia. China has already tipped the security balance in this region. As a result, Taiwan has been victimized because of this regional power struggle.