Written by Jade Guan and Wen-Ti Sung. The Taiwan Strait is a key hotspot in the intensifying US-China rivalry, where the two superpowers’ spheres of influence overlap. Beijing claims the area as a uncompromisable “core interest” of sovereignty and territorial integrity, while the US seeks to maintain its close economic, political and security relationship with Taiwan. Whether it likes it or not, Australia is a major stakeholder in any future conflict arising around Taiwan. As an ANZUS treaty ally, Australia is at risk of being dragged into events.