The people of Taiwan IMO can work with "China" and co-exists, or any other number of scenarios, but the CCP is wholly unfit for anything. There is no way the CCP should be governing (at least in its current form). I am not saying that 100% of the people IN the CCP are unqualified for anything, but rather that Mainland needs a new system, new ideals, a new political system, and a new place in the world. Everyone keeps talking about 'building a world to suit China'. This won't happen. China has to change to fit into the world, not the other way around.
That is the requirement.
If I was making foreign policy, I will
1. Abandon all 3 communiques with the PRC.
2. Have Korea, Taiwan, Japan, India, and the US all band together into mutual defense.
3. I would try to open up India's economy for manufacturing so that they can compete with China's cheap labor.
4. Build NMD, including put it over Taiwan.
5. Taiwan would get 100% support from the US for international recognition and independence. If China tries to attack, America will intervene-- by law. If China tries to get too bold, nuclear force will be used against the PLA, and if that does not work, against Beijing city.
6. Taiwan can enter into a geographically inspired alliance with the Mainland and still be independent to some sorts.
7. I will one way or another downgrade relations with the CCP so that they are on 100% equal footing with Taiwan. I will either recognize Taiwan, or downgrade Beijing. Permanently. That is until this problem is solved in a manner of equality.
8. Ensure that America will not attack the Mainland unless the Mainland attacks.
9. On a day to day basis I will not seek to harm China, and will cooperate in those areas that we can, that will help China reform enough to fit into the world. The world is not wrong. China is wrong.