"What is Taiwan President Lee Teng-hui up to?" That remains the burning question, following Lee’s reported abandonment of the long-standing "One China" policy that previously was the one important common denominator underwriting cross-straits relations and Sino-U.S. and Sino-Japanese relations vis-a-vis Taiwan. Lee has asserted that future cross-strait interaction should be based on the premise of "state-to-state" or at least "special state-to-state" relations, a pronouncement which drew a predictable, immediate, furious reaction from Beijing.