US President Barack Obama has warned Donald Trump that any tinkering with the decades-old One-China policy could invite a "very significant" reaction from Beijing, days after the President-elect questioned the policy's relevance.
"The idea of One China is at the heart of their conception as a nation and so if you are going to upend this understanding, you have to have thought through what the consequences because the Chinese will not treat that the way they will treat some other issues.
"They will not even treat it the way they issues around the South China Sea, where we have had a lot of tensions. This goes to the core of how they see themselves," Obama told reporters at a White House news conference yesterday.
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He was responding to a question on recent phone conversation between Trump and the Taiwanese President and the President-elect questioning the relevance of One China Policy.
At the same time, he indicated that Trump could bring in some freshness in foreign policy.
"I think all of our foreign policy should be subject to fresh eyes. I am very proud of the work I have done. I think I am a better president now than when I started. But you know, if you are here for eight years in the bubble, you start seeing things a certain way and you benefit from, the democracy benefits, America benefits from some new perspectives," he said.
Obama said it should be not just the prerogative, but the obligation of a new president to examine everything that has been done and see what makes sense and what does not.
Given the importance of the relationship between the US and China and how much is at stake in terms of the world economy, national security, the US presence in the Asia- Pacific, China's increasing role in global affairs, there is probably no bilateral ties that carries more significance.
And where there is also the potential if that relationship breaks down or goes into full conflict mode that everybody is worse off, he said.
"I think it is fine for him to take a look at it. What I have advised the President-elect is that across the board on foreign policy, you want to make sure that you are doing it in a systematic, deliberate, intentional way," Obama said.
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"Since there is only one president at a time, my advice to him has been that before he starts having a lot of interactions with foreign governments other than the usual courtesy calls, that he should want to have his full team in place, that he should want his team to be fully briefed on what is gone on in the past.
"And where the potential pitfalls may be, where the opportunities are, what we have learned from eight years of experience so that as he is then maybe taking foreign policy in a new direction, he has got all the information to make good decisions, and by the way, that all of government is moving at the same time and singing from the same hymnal," Obama said.
With respect to China and let's just take the example of Taiwan, there has been a longstanding agreement essentially between China and the US, and to some agree the Taiwanese, which is to not change the status quo, he said.
Taiwan operates differently than mainland China does. China views Taiwan as part of China, but recognises that it has to approach Taiwan as an entity that has its own ways of doing things, Obama said.
"The Taiwanese have agreed that as long as they are able to continue to function with some agree of autonomy, that they won't charge forward and declare independence.
"And that status quo, although not completely satisfactory to any of the parties involved, has kept the peace and allowed the Taiwanese to be a pretty successful economy and - of people who have a high agree of self-determination. What I understand for China, the issue of Taiwan is as important as anything on their docket," Obama added.