Beijing Threatens 'Serious Consequences' After Panama Lawmakers Support Taiwan In a move that has sent shockwaves through diplomatic circles, Panama has defied Beijing's pressure and established a parliamentary exchange group with Taiwan.
China's foreign ministry responded by warning of "serious consequences" for the Central American nation. The one China principle has long been a cornerstone of China's relations with other countries, including Panama.
However, the Panamanian government's decision to establish formal ties with Taiwan is a significant departure from this stance.