El Salvador breaks diplomatic ties with Taiwan, the third country to do so this year

Taiwan is cutting diplomatic ties with El Salvador after the Central American nation asked Taiwan for an "astronomical sum" of financial aid, Foreign Minister Joseph Wu announced Tuesday.

TAIPEI, Taiwan — Taiwan breaks off ties with El Salvador as Beijing ramps up campaign to diplomatically isolate self-ruled island rival, , the third country to do so this year.

The development means only 17 countries currently have diplomatic ties with Taiwan.