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What if Mao decided after the end of his spring 1951 offensive and the beginning of the truce talks in July 1951 that winding down the Korean War ASAP was a good idea? What if he's willing to compromise early on the POW repatriation issue to achieve that end?

His rationale is that: 1) the war will end subjectively on a high note for him and his regime at this time, 2) Nothing more will be gained internationally by continuing, 3) the war has served its purpose sufficiently for domestic mobilization and now there's other projects to work on.

Saya truce is put into effect by September.

What are the further effects on all countries concerned?
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