Even the Japanese propaganda arm has started saying that Pelosi's visit was a mistake
Taiwan has lost ground because of Pelosi's visit
Chinese military exercises have changed the status quo in its favor
The People's Liberation Army is now engaged in the same type of preparations with respect to Taiwan. China has exploited the visit by U.S. House Speaker Nancy Pelosi to normalize military activity across the Taiwan Strait.
Plans for these exercises, which clearly had been prepared and on the shelf for some time, needed some sort of provocation to justify putting them into action. Pelosi's poorly conceived stopover provided exactly this.
They also serve a strategic purpose by effectively obliterating the median line across the Taiwan Strait that served as an unofficial buffer zone between the two militaries for decades. The status quo has been altered and in a way unfavorable to Taiwan.
It is quite likely that the PLA will now operate with greater frequency and intensity across the median line. This will impose continued stress on Taiwan's military readiness and preparedness and put sustained psychological pressure on Taiwan's leadership and civilian population.
Just as Sadat stepped up the frequency of Egyptian exercises adjacent to the Suez Canal to dull the senses and responsiveness of Israel before launching a genuine attack, China will now be in a position to do the same.
An attack remains unlikely in the near term, but last week's developments have shortened the time horizon for potential Chinese military action against Taiwan and lessened the warning that can be expected of such an attack.
But China's response has succeeded in altering the status quo in a way deeply unfavorable to the island. At this stage, the conclusion would have to be that Taiwan has emerged in a more precarious position due to Pelosi's visit.
When China last conducted exercises of this intensity across the Taiwan Strait in 1995, the U.S. military sent an aircraft carrier battle group through the Taiwan Strait. This time, no such decisive response has been forthcoming.