'Taiwan independence' and dollar diplomacy have no future: Chinese FM

(ECNS) -- Chinese Foreign Ministry Spokesperson Mao Ning said on Monday at a regular press briefing that establishing diplomatic ties with China is a political decision made by Honduras on the basis of the one-China principle and based on no preconditions. China highly appreciates the decision of Honduras.

"Diplomatic relations are not a bargaining chip. Over the past few years, when Panama, the Dominican Republic, El Salvador, and Nicaragua established or restored diplomatic relations with China, there were no preconditions whatsoever, neither were there any for Honduras," Mao said.

Mao noticed that China will, on the basis of the one-China principle, act in the spirit of mutual respect, equality, mutual benefit and common development, actively promote the mutually-beneficial cooperation in various fields with Honduras, and contribute to its economic and social development and the well-being of the local people. 

"It is widely known that the DPP authorities are an expert of using dollar diplomacy. We would like to make this clear to the DPP authorities that “Taiwan independence” and dollar diplomacy have no future and any attempt to go against the trend of history will end in failure," the spokesperson added.