This volume is the first attempt to systematically analyze issues and challenges confronting the Taiwan Strait after the March 2004 election. The volume focuses on internal politics on both sides of the Taiwan Strait and their impact on cross-Strait ties, and international responses. It also reflects different perspectives, namely, China, the United States, Singapore and Taiwan. Consolidating these perspectives, the volume suggests directions for continued research on a potentially volatile area where many view as the world''s next “hot spot”.