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… Continue reading 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.
The premise is debatable. Let’s take an unbiased look at the achievements of each country in the last 20 years: China since 1999: -Has lifted millions out of poverty -Sustained enormous YoY GDP growth under Hu Jintao and Xi Jinping -Hosted their first Olympics -Rose up to surpass Japan as the world’s second largest economy… Continue reading Why is South Korea more advanced and successful than China?
First of all, some updates: -Fallout 4, Starcraft II Legacy of the Void, and Just Cause 3 are amazing games (and Hearthstone league of explorers to a smaller extent). I beat the campaign in all of them. -PS Vita games Persona 4 Dancing All night and Steins Gate were two of my favorite stories yet!… Continue reading Goal finally achieved – and 2015: Year in Review