Why is China upset that Pelosi plans to visit Taiwan?
The timing, I think. We are at a time right now where it is basically the Cold War 2.0. Instead of the Soviet Union, it’s China that’s the main enemy of the USA right now. And for China, the main enemy is the USA. Obviously, visiting Taiwan or acknowledging Taiwan in any way will get […]
If China followed the same capitalist path as Taiwan, would it have become as successful as Taiwan? Taiwan GDP per capita is more than double that of China. A true Asian success story.
No, it would have been even more successful than Taiwan. China before capitalism (pre 1978) China after capitalism (post 1978): China only started catching up to the West when it abandoned the centralized economy that other communist countries had in the 1950s and opened it up to the market economy in the 1980s. During the […]
Why is Taiwan so good at making computer parts/hardware?
It really is quite something isn’t it? Here is a country (yes its a country, sorry wumaos), with a population of less than 25M people (less than the population of Texas) and yet it contains some of the most well known semiconductor/computer hardware companies in the world: Semiconductor companies TSMC (the world’s most valuable semiconductor […]