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While global attention has been focused on other regional issues, such as China-US tensions and North Korea's nuclear ambitions, little attention has been paid to Taiwan. Yet the so-called Taiwan issue, namely the continued separation of the island from mainland China, remains a major regional security challenge that could potentially spark direct conflict involving the USA, China and Japan, the three largest economies in the world, two of which are nuclear powers. Although Taiwan has continued to find opportunities to maintain the current status quo despite a deteriorating geo-strategic environment as a result of the rise of China and the uncertainties of the Trump Administration, its room for manoeuvre continues to narrow. This volume examines the challenges and evaluates the prospects for preventing conflict on the Taiwan Strait, by focusing on the political conditions that Taiwan faces internally and externally.