Scholars have generally considered the Nationalist China during the 1950s and the 1960s as a client state of the US. Yet, academia most commonly describes the Nationalists not as an obedient ally but as an impractical, stubborn, and cunning friend of the US. Using historical records and theories of small states, this paper argues that the dual personality of the Nationalists originates from the American investment in the low-maintenance bank of human resources in Taiwan. American support resulted in the Nationalists developing a vision of itself as a powerful military state that was asymmetrical with its actual capabilities, and it was this perception gap that caused the Nationalists to behave so seemingly incongruently.