‘There is only one China...’: How Beijing wooed Nicaragua from Taiwan

Nicaragua broke its longstanding diplomatic ties with Taiwan switching allegiance to China. This comes as China seeks to isolate the democratic island it has vowed to one day seize. This leaves Taiwan with just 14 diplomatic allies- a rapidly reducing pool of international allies. Belize, Guatemala, Honduras are the three remaining allies Taipei has in Central America. "The government of the Republic of Nicaragua declares that it recognises that there is only one China in the world. The People's Republic of China is the only legitimate government representing all of China, and Taiwan is an inalienable part of Chinese territory. The government of the Republic of Nicaragua breaks off diplomatic relations with Taiwan as of today," said Denis Moncada Colindres, Foreign Affairs Minister of Nicaragua. Watch the full video for more.