The Germans don't recognize Taiwan as a country now... but they do recognize $$

Taiwan has never been a country by itself historically. The so-called "country" is due solely to the fact that the ROC government fleed there and the PRC government didn't chase them over (because of whatever reasons... including they didn't have enough warships :? ).
PRC is trumping Taiwan, but not with their economy. They are doing it with the threat of a war. If the other states recognize Taiwan, a war would probably be started, which is something none of the "status quo" want to see. The war would have a huge impact on the globe's economy, not to mention there is no way to know what weapons would be used. (Keep in mind PRC is a nuclear power).
Politics are always cheap. No doubt about it. But then, if the majority of the world don't officially recognize Taiwan, it is not a country. That being said, topic locked.