1.   If the island declared its independence it could become a tax haven, like Monaco.

2.   Beijing says it will attack Taiwan if the island declares formal independence or delays too long in talks over uniting with the mainland.

3.   Beijing held the war games to dissuade those on Taiwan who want the island to declare independence.

4.   Beijing has threatened to use force if the island ever formally declares independence.

5.   Beijing regards the island as a renegade province with no right to international recognition and has threatened to attack if the island formally declares independence.

6.   China claims Taiwan as a renegade province and threatens to invade if the island declares independence.

7.   China says it will attack Taiwan if the island declares formal independence or drags its heels too long on talks over a reunion.

8.   China claims sovereignty over Taiwan and threatens the use of force against it if the island declares independence.

9.   China has reiterated its threat to try to retake Taiwan by force if the island ever formally declares independence.

10.   China claims Taiwan as a breakaway province, and threatens to invade if the island declares formal independence.