This study explores the Taiwan issue from the three perspectives of Beijing, Taipei, and Washington since Taiwan leader Lee Teng-hui?s visit to Cornell University in 1995. These were explored not only in terms of the three parties involved, but also in terms of the differences within each party, although these divisions are not as obvious in Beijing. The editor has gathered together four leading scholars from each of the three geographic areas to discuss the Taiwan issue from the perspectives of international politics, domestic politics, economics, and security. At the center of the debate is the issue of the status quo at the Taiwan Strait.