Panama shifts diplomatic recognition to China from Taiwan

Panama said Tuesday it has established diplomatic relations with China, breaking off its long-standing official contact with Taiwan, as Beijing increasingly attempts to isolate the democratic self-ruled island from the rest of the world.Chinese Foreign Minister Wang Yi expressed appreciation for Panama's decision to sever its diplomatic ties with Taiwan and for its recognition that "there is only one China in the world.""This is a historical moment," Wang said when he met with his Panamanian counterpart Isabel de Saint Malo, who also serves as vice president of the country, in Beijing to si…READ FULL ARTICLE