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.
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… Continue reading Why is Taiwan so good at making computer parts/hardware?
Taiwan is not a part of China, and I say this not because I was ‘brainwashed’ by Western education but by the reality of the situation. -China (PRC) has no governmental authority over Taiwan -Chinese need a visa to visit Taiwan -Taiwan has its own currency and flag -Taiwanese have their own passport Aren’t these… Continue reading What is the Chinese argument for Taiwan being a part of China?