By subsiding that industry the same way Japan has done since the 1980's and the government working ⚒ with industry to drive foreign competitors out of the industry.
@@SP95the world does make chips also, but the Taiwanese are great at it. Look, Taiwan has always been a manufacturing powerhouse, if they weren't making chips, there'd still be making bank on something
North Korea vs South Korea. East Germany vs West Germany. China vs Taiwan. Venezuela before socialism vs Venezuela after the takeover of socialism. The Soviet Union vs the United States. Eastern Block Europe vs Western Europe (cold war era). More open and free societies with less centralized bureaucratic control of the economy usually fare better than the alternatives.
@@krishthakar6661 it was those terrible governments that made it impossible for people to succeed or even lead decent lives. Every single one of them were abject failures and human rights violators. How anyone can possibly still defend that evil is beyond reason.
@@krishthakar6661 It was those governments that prevented their citizens from ever being successful or even leading decent lives. Every single one of the many communist governments in history has been an abject failure. They have been the greatest violators of human rights in recent history. And before you start pointing at Nazi Germany as being "right wing" and trying to associate them with conservatives and Republicans in the US, remember that the Nazis were socialists. They were about the furthest opposite of a democratically elected representative republic form of government as you could get.
Capitalism aka the free market economy. The free markets enrich the vast majority of people and lift up the poor. I'm not talking about crony capitalism which is a corruption of capitalism, or of state controlled capitalism like in China (after all if the CCP gives, then the CCP can take away too), but I'm talking about genuine capitalism aka the free markets.
Most people would bundle all of these forms of capitalism and demonize it. Free market beats crony, state controlled capital and also communism and marxism any day
it is a great channel, this dude's videos are fantastic. i know a lot about israel/palestine and he nails that topic so well. it makes me trust him a lot more about the things i don't know about.
Who would've thought that replicating Western economic systems, which have the best record of reducing poverty, leading to technological advancements, and improving living standards, would be superior to Communism?
Well said! I lived in Taiwan for three years and China for eleven. As good as Taiwan is they would be even better if they weren’t being strangled and bullied by China. ICYMI, China insists other countries follow their so-called “one China policy” which means that Taiwan struggles to create any trade pacts with other countries. Also, China does its best to force Taiwan to rely on China economically. In this way, they still hope to coerce the Taiwanese people to join the mainland. The carrot is potential economic benefits, while the stick is potential military invasion.
Taiwan was under military marshal law until 1996, only transformed into a democracy after most of its economic development was already done. But why let facts and history get in the way of your ideology. After all, everyone else in the world are just too dumb to know what’s best for them, only the US knows what’s best for them.
The rulers of China have for 3600 years [not 5000 but yes, still impressive] always decided that the Chinese are not ready for liberty. And if Donald trump stays true to his word that the Americans would never have to be bothered by having to vote ever again he will be arranging the same for the US.
I actually think you have to go back BEFORE the Chinese Revolution. The Japanese occupation of Taiwan had a huge influence on Taiwan's appreciation for technology and industrialisation. It was, dare I say it, an example of the potential benefits of colonisation. Of course, none of that negates the excesses and cruelties of the Japanese during that period. But there were certainly upsides to the Japanese presence.
In the end, majority of Taiwanese families who lived under Japanese rule have a good impression of Japan. They do understand that Japan was one big reason why the country is so successful now: because of the education and the infrastructures provided by Japan. They wanted to make Taiwan a Japanese industrial powerhouse.
Taiwan's Success Story Taiwan is a fully democratic, free, and equal country. The president is directly elected by the people, and the president appoints the premier to lead the heads of various ministries and departments to be responsible to the Congress. The heads of government departments must be experts in their respective fields, and the ministers do not have to be high-ranking members of the winning party from the election. The heads responsible for Taiwan's economic planning are all technology experts. Because Taiwan lacks natural resources, Taiwan has long relied on industrial production and export trade to exchange resources with foreign countries, and has managed to maintain economic growth every year. The manufacturing sector accounts for more than 37% of Taiwan's GDP, the highest proportion in Asia. More than 65% of Taiwan's universities are focused on science and engineering, with only 35% focused on social sciences. Taiwan's economy, industry, and technology have long been planned by experts who are responsible to the Premier. Taiwanese law stipulates that the chairman and general manager of any enterprise in which the government owns more than 50% of the shares must attend the Congress to accept supervision and criticism. Therefore, the government has tried to sell off its shares in state-owned enterprises and reduce its holdings, allowing them to become listed companies and subject to the supervision of the general public who buy their shares. The long-standing policy of the Taiwanese government has been to invest in science, technology, and education. The aim is to "give the people fishing rods and teach them how to fish, rather than catch fish for them." Therefore, the Taiwanese government invests in three major areas: * The Academia Sinica, which focuses on basic scientific research * The Industrial Technology Research Institute, which focuses on research in various technologies and engineering * The National Chung-Shan Institute of Science and Technology, which focuses on the research and development of military technology and equipment These three institutions each have tens of thousands of professionals conducting research. Under these three areas, many large private companies and small and medium-sized enterprises in the supply chain have been cultivated. Any company in Taiwan can seek free cooperation with these three institutions to research various technologies. The research results are provided free of charge or for a very low technology transfer fee to private companies. Many of Taiwan's new technology companies were also founded by independent departments of these three institutions. The Taiwanese government allocates a fixed budget each year to invest in various institutions in the industrial, commercial, service, medical, and social care sectors. This is to support entrepreneurship among young people, middle-aged people, and retirees, and to provide training and low-interest loans for start-up capital. The Taiwanese government also allocates a budget to promote the transformation of small and medium-sized manufacturing enterprises into smart manufacturing and energy saving and carbon reduction. This is undertaken by large telecommunications and information companies and professional energy saving and carbon reduction consulting companies. They provide guidance and planning for small and medium-sized enterprises, and help them apply to government agencies for subsidies for transformation and upgrading projects. The government's subsidy for upgrading projects can be up to 50% of the total project cost. In essence, the Taiwanese government invests in and supports the growth of private enterprises. When these enterprises make a profit, the government collects 20% of their profits in taxes. This creates a virtuous cycle, which is why Taiwan's industry and commerce are so prosperous. The country is competitive and the people are prosperous. This is Taiwan's strategy for success.
Cách thức Đài Loan trở nên con rồng châu á củng giống như Hàn Quốc , là sự kết hợp của nhiều yếu tố : 1. Được Mỹ , Nhật, Phương Tây hỗ trợ về tiền bạc và công nghệ và cả các đơn hàng để trở nên mạnh về kinh tế , Để làm thành trì chống lại khối XHCN lúc bấy giờ . Mỹ rất cần điều này. Mỹ cần Đài Loan và Hàn Quốc mạnh để bao vây chặn đường ra biển của Trung Quốc, Liên Xô lúc bấy giờ. 2. Là yếu tố, tố chất con người , các nước như Hàn Quốc, Đài Loan mang gen Đông Á ,họ rất mạnh mẽ , thông minh, rất ham học tập, khôn ngoan trong thương mại và siêng năng , chăm chỉ , tiết kiệm và ý chí làm giàu cao. Khác với một số nước như thái lan, Philippines mặc dù là đồng minh Mỹ như con người rất kém cỏi. 3. Có những nhà quản lý, lãnh đạo giàu ý chí và khát vọng lớn. 4. Phát triển trong giai đoạn ít phải bị cạnh tranh như bây giờ, hiện tại.
Taiwan also enjoys a byproduct of their homogenous culture and values: low crime Taiwan’s crime rate is lower than even democrat-runners cities here in the states
Well, from 1994 to about 2005, domestic abuse was either totally ignored... or noticed but not acted on. So, not all the stats on "crime rate" are accurate. And yes, I was there, doing my part to stop domestic abuse. In 1994, even though against the law, a man could beat his wife to anything short of death. This could be done on streets, even directly in front of a police station...and the officers on the steps, would ignore it. Here is 1 story, my personal experience, 1996. I'm walking in Beitou, Taiwan. I hear yelling, blows and crying across the street from the Police Station. I was about 100 meters away, on the Police Station side. I crossed, came from behind, and suckerpunched the man 3 times. Yanked his arm as far up behind his back as I could...and told him I'd break it if he struggled...and I'd release him when he calmed down. I then called out to the police across the street. They ignored me . I started cussing at them in English and Chinese. Still ignored. Then I started telling passersby why I was pinning the guy to the ground and how useless the police had been. It was only after me publicly shaming them, that they came over and then I let the guy up. The police enforced no laws (there were laws on the books then making domestic violence a crime, but never enforce). The man and woman were both there....I offered to sit between them while they both talked. I called my fiance, and told her all was OK and I'd go see her at her mother's house later. Her reply was, "you doing that again?" I think I was there 3 hours (somewhere in the three hours I took a short break and bought 3 milk teas). We three became friends, and I saw the couple many times during my 18 months in Beitou...even a few meals together. I guess I ended up suckerpunching over a dozen men in that 18 month period. And only twice, after letting the guy up, did he decide to trade blows. (I'm 5'9" and was only 62kg, but was willing to take off my glasses and swing away....I got a couple of scars.....but for a good cause) Taiwan, now very strictly enforces domestic violence laws....and I'm glad I did my part in my neighborhood in Beitou. (My later feud with the police in Linkou, about their illegally parking and me actually laying on the hood and windshields of police cars is another fun story....but eventually, after a year of effort, enough neighbors stood up and made the police obey laws, too. My then-wife was originally very worried, me going against the police.....but, they actually could not do much...a story to a newspaper would have meant transfers ....and Linkou was a cushy job)
A huge population requires a huge amount of food and energy. And most of that population is living at least 100 years in the past in terms of education and access to technology.
China's education isn't that bad. They out performthe western countries in maths, and they have a literacy rate of over 99%. Their technology is often better than in the UK, for example I think their version of apple pay was used earlier and more widespread. Deliveries often arrive within 1-2 days, thing's get built here far quicker than in the UK. I think in the cities (not just beijing and shanghai), the technology is often on par with the west and things get done quicker here. The trains in China are far better and cheaper than the UK too. So I don't think that is the reason at all.
@@timbradshaw5481What happens in the rural areas makes my point. And things getting built faster has more to do with a lack of regulation and concern for safety standards. Look at what's happening with tofu bridges to see how that can be a problem. Faster isn't the gold standard. Haven't you ever heard about someone with a need being told "You can have it fast, cheap, and functional. Pick any two."?
@@jumperpoint The reason it is so fast is because of the far bigger workforce. If you have a bigger workforce you can build faster and cheaply. China makes enough food for a population boom. The reason their population is falling now is not because of food shortages. Also the Chinese are not suffering from a lack of food or energy. The electricity here is very reliable. The education in China is not 100 years in the past. I think you just don't know what you're talking about.
@@timbradshaw5481 A bigger workforce helps if you're training people to do factory jobs. But some things don't scale. You can't just train more scientists and engineers. Those positions require more than just a degree to be successful. Ditto for anyone else doing research or design work. China can't train those positions as effectively which is why so many Chinese students study abroad. Big projects don't get done any faster with more money or more labor except to the extent that you can incentize people familiar with the project to work more hours. Infrastructure doesn't scale well. You can't send a bunch of work teams out to build 5 miles of road and expect all those roads to seamlessly become one superhighway. Food production does scale because production is distributed, processing is centralized, and consumption is redistribute. Growing crops and cooking can be performed with lower skilled labor if you're willing to accept waste and lower quality too. That and ignore more than basic food safety. Every step you add creates a job and every 5 jobs you add probably creates the need for an overseer. You end up needing a constantly expanding population to support basic economic growth. And, the more people working on a project the more shortcuts that get take. Usually resulting in costly mistakes. See the Three Gorges Dam if you want an example. And no one said that there weren't some rural areas with electricity, that technology has been around more than 100 years. .Just that cities are where most of the resources go because the greatest concentrations of economically and educationally successful people have traditionally lived in the cities in China.
But I still don't understand what makes Taiwan concretely speaking more richer than China. I agree that free markets and proper government institutions can make great differences, but how is Taiwan able to be so rich? Just from the numbers alone I was left astonished... Is it the semiconductor industry? Are a lot of the Taiwanese engineers? Is their economy supported by exports?
The same happened with singapor, a country with no resources is one of the most economically successful countries. And I think the conclusion being putforward is that trust is the resource that makes countries rich. Being unable to trust buyers and workers, sellers etc mean's that cooperation can't occur and so physical resources amount to nothing when they are unable to be utilised. I like in China and although crime is very low, and people can leave bike helmets on their bikes without it being stolen, I think you are much more likely here than in the UK, for example, to be scammed. Also they care more here about appearances than substance, so the quality of everything is lower. If you go to the hospital, even the receptionists wear white coats like doctors.
One ironic fact is - China had been Taiwan's leading trade partner from 2005-2022. The two sides signed the ECFA trade deal in 2010. China had accounted for 25% of Taiwan's exports and 20% of its imports. It was only last year (2023) that this changed.
Yeah. It’s mostly caused by Taiwanese electronic parts shipped to Taiwanese and Chinese firms in China for final product assembly. That means Taiwanese parts are crucial to Chinese exports. Now that companies are moving their assembly base to Southeast Asia a lot of those GDPs are going to move away from China in the upcoming years.
Nick Frietas, I really wish you were capable of being an NC representative. I would feel that you would make an amazing president if we didn't have a governmental structure that mostly hamstrings the president, not that I really want that to change in case a president that I do not agree with holds office.
Taiwan, and Japan, took advantage for decades and decades as preferred nation clients with the USA;, the largest consumer economy at the time. By 1980 Taiwan merchants were able to offload their dirty industry to mainland China, who couldn't really say no at the time. then Taiwanese grabbed second/third homes and bailed to Canada, grabbing that 2nd. Passport, just in case they needed to be outta Dodge. Letters of Credit built the nation, but you have to have a consumer with KASH to deliver your goods to, and the USA was the consumer.
From what I've read, the CCP spends at least as much on internal suppression and preventing themselves being overthrow as they do on their outward facing military. That has a cost to the people as well.
well i am sure it helps that they, like most of the western world ( yes they are in the east) dont pay a dime in defense costs...thats on the us tax payer backs....and it shouldnt be at this point
The sad thing is, younger generation Taiwanese aren't being given as much of that wealth as it is being siphoned to the elites and politicians. Look up "afford a house in Taipei" and you'll know exactly what I mean. Not to mention the semiconductor chips, you know why they're so affordable? Yep. Laughable wages. Taiwan's wage rate increase is among the lowest in East Asia
Taiwan is rich because like Japan and South Korea. West Germany Hing Kong Singapore these places were in the front line against Communism and quietly propped up by the West.
Taiwan's wealth stems from the industrial and technology policies of the Chiang Ching-kuo administration 50 years ago. Visionaries like Sun Yun-suan, K.T. Li, and Yin Chung-jung spearheaded the Ten Major Construction Projects, established the Hsinchu Science Park, and founded ITRI and TSMC, laying the foundation for Taiwan's leadership in semiconductors, electronics, and ICT industries. Since Deng Xiaoping's economic reforms, Mainland China has focused on industrial restructuring in its Five-Year Plans, starting in 1990, achieving remarkable progress. The rapid development of high-tech industries, especially under the 14th Five-Year Plan (2021-2025), has driven the transformation of manufacturing into smart manufacturing with significant success. Mainland China is Taiwan's largest export and surplus destination. In 2013, Taiwan's exports to Mainland China amounted to $342.22 billion USD, with a trade surplus of $85.86 billion USD, accounting for 35.2% of the total export volume. In 2023, Taiwan ranked 12th among China's provinces and cities in terms of GDP: 1. Guangdong Province: $1.88 trillion 2. Jiangsu Province: $1.76 trillion 3. Shandong Province: $1.32 trillion 4. Zhejiang Province: $1.18 trillion 5. Henan Province: $871 billion 6. Sichuan Province: $857 billion 7. Fujian Province: $759 billion 8. Hubei Province: $731 billion 9. Hunan Province: $689 billion 10. Shanghai City: $647 billion 11. Beijing City: $618 billion 12. Taiwan Province: $605 billion
Highly bias video that just ignores all historical context. Taiwan was industrialized much earlier when still under Japanese rule, and when the KMT fled there, they also took all Chinas national gold reserve with them to Taiwan. Taiwan also enjoyed access to global trade much earlier when communist China was heavily sanctioned by US until the Sino-Soviet split. Also, it surprises no one it takes much longer to raise the average income of a nation of 1.2 billion people vs. 23 million. But truth and nuance has no place in a highly ideological channel such as this one.
Looking at per capita skews against any country with large populations. Of course Taiwan will look increadible compared to any of the top 20 population countries in the world.
This is overall true but you need to remember recent chinese events. China has recently made incredible discoveries and created a system that I would almost bet you no other country could make. Yes. Taiwan is richer per capita but China has recently become a lot more advanced and will very soon overtake Taiwan in advancement
Ok, so we need to define rich. What do you mean by rich? If you mean a hight gdp then yeah, they're rich. But if you mean wealth distribution, thats an entirely different story. The usa is the richest country in the world but we have millions of people dying of starvation. One mans rich means everyone elses poor
What are you trying to say? Do you wanna say that China or other communist countries have a better distribution of wealth compared to free countries like the US, TW, and JP?
The Taiwanese people figured out they needed to make something that the world needed desperately. Computer chips.
Once the world starts producing their own chips and components once again I wish best of luck to that Island.
The USA outsourced production to set Taiwan 🇹🇼 up for this.
By subsiding that industry the same way Japan has done since the 1980's and the government working ⚒ with industry to drive foreign competitors out of the industry.
@@SP95the world does make chips also, but the Taiwanese are great at it. Look, Taiwan has always been a manufacturing powerhouse, if they weren't making chips, there'd still be making bank on something
Yeah, best of luck on leading the next gold rush
North Korea vs South Korea. East Germany vs West Germany. China vs Taiwan. Venezuela before socialism vs Venezuela after the takeover of socialism. The Soviet Union vs the United States. Eastern Block Europe vs Western Europe (cold war era). More open and free societies with less centralized bureaucratic control of the economy usually fare better than the alternatives.
nope , less centralized economies create more class difference
authoritarians provide less class difference
@@krishthakar6661 Yes equal indeed. Everyone is equally poor and oppressed, except for the elites that run the country.
@@randymiller2460 Yes!
Imagine blaming the government for your failure in life ,thats good
@@krishthakar6661 it was those terrible governments that made it impossible for people to succeed or even lead decent lives. Every single one of them were abject failures and human rights violators. How anyone can possibly still defend that evil is beyond reason.
@@krishthakar6661 It was those governments that prevented their citizens from ever being successful or even leading decent lives. Every single one of the many communist governments in history has been an abject failure. They have been the greatest violators of human rights in recent history. And before you start pointing at Nazi Germany as being "right wing" and trying to associate them with conservatives and Republicans in the US, remember that the Nazis were socialists. They were about the furthest opposite of a democratically elected representative republic form of government as you could get.
These shorts are always well done and fun to watch. Very educational. Taiwan and Singapore have a lot of the same ingredients in their formulas.
You nailed it, Nick! Spent a lot of time there [USAF Chinese interpreter and Civie in business] Great place, great folks, and great memories.
Capitalism aka the free market economy. The free markets enrich the vast majority of people and lift up the poor. I'm not talking about crony capitalism which is a corruption of capitalism, or of state controlled capitalism like in China (after all if the CCP gives, then the CCP can take away too), but I'm talking about genuine capitalism aka the free markets.
" Capitalism " is a conspiracy theory, better stick to the " Free market " denomination instead.
Most people would bundle all of these forms of capitalism and demonize it.
Free market beats crony, state controlled capital and also communism and marxism any day
Crony capitalism like here in America.... 😞
@@davidjones8942 That is a whole another problem, not a fundamental flaw in the system.
Why does this channel have only 40k subs??! Deserves a mil MINIMUM
it is a great channel, this dude's videos are fantastic. i know a lot about israel/palestine and he nails that topic so well. it makes me trust him a lot more about the things i don't know about.
Great message. Keep up the good fight
Who would've thought that replicating Western economic systems, which have the best record of reducing poverty, leading to technological advancements, and improving living standards, would be superior to Communism?
Mainland China "advances" by stealing intellectual property.
@djsngolossy6237 See, I told you they steal IP.
@djsngolossy6237 A Failed one.
Well said! I lived in Taiwan for three years and China for eleven. As good as Taiwan is they would be even better if they weren’t being strangled and bullied by China. ICYMI, China insists other countries follow their so-called “one China policy” which means that Taiwan struggles to create any trade pacts with other countries. Also, China does its best to force Taiwan to rely on China economically. In this way, they still hope to coerce the Taiwanese people to join the mainland. The carrot is potential economic benefits, while the stick is potential military invasion.
Yeah, this seems to explain the things I've been hearing about what's going on between those two.
Sounds like China is fairly similar to the US as of recent…
Democrat party and the CCP are the same in many ways.
The USA needs to get much worse to look like China.
我是台灣人🇹🇼
IM FROM TAIWAN
The Communists claim that the Chinese are not ready for liberty.
Taiwan would beg to differ.
Taiwan was under military marshal law until 1996, only transformed into a democracy after most of its economic development was already done. But why let facts and history get in the way of your ideology. After all, everyone else in the world are just too dumb to know what’s best for them, only the US knows what’s best for them.
The rulers of China have for 3600 years [not 5000 but yes, still impressive] always decided that the Chinese are not ready for liberty. And if Donald trump stays true to his word that the Americans would never have to be bothered by having to vote ever again he will be arranging the same for the US.
Another great video!!! Great info, thank you!!
Stationed on Taiwan for a year and a half. Wonderful people. Still have a bag of NT!
I actually think you have to go back BEFORE the Chinese Revolution. The Japanese occupation of Taiwan had a huge influence on Taiwan's appreciation for technology and industrialisation. It was, dare I say it, an example of the potential benefits of colonisation. Of course, none of that negates the excesses and cruelties of the Japanese during that period. But there were certainly upsides to the Japanese presence.
In the end, majority of Taiwanese families who lived under Japanese rule have a good impression of Japan. They do understand that Japan was one big reason why the country is so successful now: because of the education and the infrastructures provided by Japan. They wanted to make Taiwan a Japanese industrial powerhouse.
@@PoussinNoNeko So basically screw China and hail Japan?
Taiwan's Success Story
Taiwan is a fully democratic, free, and equal country. The president is directly elected by the people, and the president appoints the premier to lead the heads of various ministries and departments to be responsible to the Congress. The heads of government departments must be experts in their respective fields, and the ministers do not have to be high-ranking members of the winning party from the election. The heads responsible for Taiwan's economic planning are all technology experts.
Because Taiwan lacks natural resources, Taiwan has long relied on industrial production and export trade to exchange resources with foreign countries, and has managed to maintain economic growth every year. The manufacturing sector accounts for more than 37% of Taiwan's GDP, the highest proportion in Asia. More than 65% of Taiwan's universities are focused on science and engineering, with only 35% focused on social sciences. Taiwan's economy, industry, and technology have long been planned by experts who are responsible to the Premier.
Taiwanese law stipulates that the chairman and general manager of any enterprise in which the government owns more than 50% of the shares must attend the Congress to accept supervision and criticism. Therefore, the government has tried to sell off its shares in state-owned enterprises and reduce its holdings, allowing them to become listed companies and subject to the supervision of the general public who buy their shares.
The long-standing policy of the Taiwanese government has been to invest in science, technology, and education. The aim is to "give the people fishing rods and teach them how to fish, rather than catch fish for them." Therefore, the Taiwanese government invests in three major areas:
* The Academia Sinica, which focuses on basic scientific research
* The Industrial Technology Research Institute, which focuses on research in various technologies and engineering
* The National Chung-Shan Institute of Science and Technology, which focuses on the research and development of military technology and equipment
These three institutions each have tens of thousands of professionals conducting research. Under these three areas, many large private companies and small and medium-sized enterprises in the supply chain have been cultivated. Any company in Taiwan can seek free cooperation with these three institutions to research various technologies. The research results are provided free of charge or for a very low technology transfer fee to private companies. Many of Taiwan's new technology companies were also founded by independent departments of these three institutions.
The Taiwanese government allocates a fixed budget each year to invest in various institutions in the industrial, commercial, service, medical, and social care sectors. This is to support entrepreneurship among young people, middle-aged people, and retirees, and to provide training and low-interest loans for start-up capital.
The Taiwanese government also allocates a budget to promote the transformation of small and medium-sized manufacturing enterprises into smart manufacturing and energy saving and carbon reduction. This is undertaken by large telecommunications and information companies and professional energy saving and carbon reduction consulting companies. They provide guidance and planning for small and medium-sized enterprises, and help them apply to government agencies for subsidies for transformation and upgrading projects. The government's subsidy for upgrading projects can be up to 50% of the total project cost.
In essence, the Taiwanese government invests in and supports the growth of private enterprises. When these enterprises make a profit, the government collects 20% of their profits in taxes.
This creates a virtuous cycle, which is why Taiwan's industry and commerce are so prosperous.
The country is competitive and the people are prosperous. This is Taiwan's strategy for success.
Cách thức Đài Loan trở nên con rồng châu á củng giống như Hàn Quốc , là sự kết hợp của nhiều yếu tố :
1. Được Mỹ , Nhật, Phương Tây hỗ trợ về tiền bạc và công nghệ và cả các đơn hàng để trở nên mạnh về kinh tế , Để làm thành trì chống lại khối XHCN lúc bấy giờ . Mỹ rất cần điều này. Mỹ cần Đài Loan và Hàn Quốc mạnh để bao vây chặn đường ra biển của Trung Quốc, Liên Xô lúc bấy giờ.
2. Là yếu tố, tố chất con người , các nước như Hàn Quốc, Đài Loan mang gen Đông Á ,họ rất mạnh mẽ , thông minh, rất ham học tập, khôn ngoan trong thương mại và siêng năng , chăm chỉ , tiết kiệm và ý chí làm giàu cao. Khác với một số nước như thái lan, Philippines mặc dù là đồng minh Mỹ như con người rất kém cỏi.
3. Có những nhà quản lý, lãnh đạo giàu ý chí và khát vọng lớn.
4. Phát triển trong giai đoạn ít phải bị cạnh tranh như bây giờ, hiện tại.
Well said!
Very well said 👍
Taiwan’s progressive and impressive recognition and acceptance of gay/lesbian rights and protections make it a clearly better place for me.
Taiwan also enjoys a byproduct of their homogenous culture and values: low crime
Taiwan’s crime rate is lower than even democrat-runners cities here in the states
@@RajeshBhavnani Commies* continue to learn the wrong lessons.
Agree with Taiwan being Homogenous and agree with property rights. Look at Japan. Low crime rate, homogenous in the extreme
@sparrangle was there on a project in 92-93. Trust me. It is homogenous to the extreme. Look it up even.
Well, from 1994 to about 2005, domestic abuse was either totally ignored... or noticed but not acted on.
So, not all the stats on "crime rate" are accurate.
And yes, I was there, doing my part to stop domestic abuse.
In 1994, even though against the law, a man could beat his wife to anything short of death. This could be done on streets, even directly in front of a police station...and the officers on the steps, would ignore it.
Here is 1 story, my personal experience, 1996. I'm walking in Beitou, Taiwan. I hear yelling, blows and crying across the street from the Police Station. I was about 100 meters away, on the Police Station side. I crossed, came from behind, and suckerpunched the man 3 times. Yanked his arm as far up behind his back as I could...and told him I'd break it if he struggled...and I'd release him when he calmed down.
I then called out to the police across the street. They ignored me . I started cussing at them in English and Chinese. Still ignored. Then I started telling passersby why I was pinning the guy to the ground and how useless the police had been.
It was only after me publicly shaming them, that they came over and then I let the guy up.
The police enforced no laws (there were laws on the books then making domestic violence a crime, but never enforce). The man and woman were both there....I offered to sit between them while they both talked. I called my fiance, and told her all was OK and I'd go see her at her mother's house later. Her reply was, "you doing that again?" I think I was there 3 hours (somewhere in the three hours I took a short break and bought 3 milk teas).
We three became friends, and I saw the couple many times during my 18 months in Beitou...even a few meals together.
I guess I ended up suckerpunching over a dozen men in that 18 month period. And only twice, after letting the guy up, did he decide to trade blows. (I'm 5'9" and was only 62kg, but was willing to take off my glasses and swing away....I got a couple of scars.....but for a good cause)
Taiwan, now very strictly enforces domestic violence laws....and I'm glad I did my part in my neighborhood in Beitou.
(My later feud with the police in Linkou, about their illegally parking and me actually laying on the hood and windshields of police cars is another fun story....but eventually, after a year of effort, enough neighbors stood up and made the police obey laws, too. My then-wife was originally very worried, me going against the police.....but, they actually could not do much...a story to a newspaper would have meant transfers ....and Linkou was a cushy job)
Japan, Taiwan, South Korea.. near perfect states
A huge population requires a huge amount of food and energy. And most of that population is living at least 100 years in the past in terms of education and access to technology.
China's education isn't that bad. They out performthe western countries in maths, and they have a literacy rate of over 99%.
Their technology is often better than in the UK, for example I think their version of apple pay was used earlier and more widespread. Deliveries often arrive within 1-2 days, thing's get built here far quicker than in the UK.
I think in the cities (not just beijing and shanghai), the technology is often on par with the west and things get done quicker here.
The trains in China are far better and cheaper than the UK too.
So I don't think that is the reason at all.
@@timbradshaw5481What happens in the rural areas makes my point. And things getting built faster has more to do with a lack of regulation and concern for safety standards. Look at what's happening with tofu bridges to see how that can be a problem. Faster isn't the gold standard. Haven't you ever heard about someone with a need being told "You can have it fast, cheap, and functional. Pick any two."?
@@jumperpoint The reason it is so fast is because of the far bigger workforce. If you have a bigger workforce you can build faster and cheaply.
China makes enough food for a population boom. The reason their population is falling now is not because of food shortages.
Also the Chinese are not suffering from a lack of food or energy. The electricity here is very reliable. The education in China is not 100 years in the past.
I think you just don't know what you're talking about.
@@timbradshaw5481 A bigger workforce helps if you're training people to do factory jobs. But some things don't scale. You can't just train more scientists and engineers. Those positions require more than just a degree to be successful. Ditto for anyone else doing research or design work. China can't train those positions as effectively which is why so many Chinese students study abroad. Big projects don't get done any faster with more money or more labor except to the extent that you can incentize people familiar with the project to work more hours.
Infrastructure doesn't scale well. You can't send a bunch of work teams out to build 5 miles of road and expect all those roads to seamlessly become one superhighway. Food production does scale because production is distributed, processing is centralized, and consumption is redistribute. Growing crops and cooking can be performed with lower skilled labor if you're willing to accept waste and lower quality too. That and ignore more than basic food safety. Every step you add creates a job and every 5 jobs you add probably creates the need for an overseer. You end up needing a constantly expanding population to support basic economic growth.
And, the more people working on a project the more shortcuts that get take. Usually resulting in costly mistakes. See the Three Gorges Dam if you want an example.
And no one said that there weren't some rural areas with electricity, that technology has been around more than 100 years. .Just that cities are where most of the resources go because the greatest concentrations of economically and educationally successful people have traditionally lived in the cities in China.
你是對的 我是台灣人
100年前的中國 清朝政府 支持民族主義者 告訴他們 你們的苦難 貧窮 不是清朝獨裁政權 帶來的 是西方世界壓迫 掠奪 所以發生 北京義和團 殺了教會 傳教士 信耶穌的中國人 導致八國聯軍 進入北京 清朝慈禧太后 為了不被審判 躲避死刑 開始殺那些民族主義者 那些義和團人 有些變成基督教徒 來躲避清政府的追殺
現在習近平一樣 支持民族主義者 說美國 日本 壓迫中國 你們的苦惱 失業 是美國 日本 加上給予中國人的 所以最近不是有4個美國人教師 在公園觀光 被殺傷 上海有人試圖上日本小學校車 預備殺害全車小孩 殺傷一對日本母子 殺死了阻止兇手中國人女士 中國網路上流傳 殺死日本人小孩 就像在家裡殺死一隻雞 一樣
Because they joined the free Western world economically.
But I still don't understand what makes Taiwan concretely speaking more richer than China. I agree that free markets and proper government institutions can make great differences, but how is Taiwan able to be so rich? Just from the numbers alone I was left astonished... Is it the semiconductor industry? Are a lot of the Taiwanese engineers? Is their economy supported by exports?
The same happened with singapor, a country with no resources is one of the most economically successful countries. And I think the conclusion being putforward is that trust is the resource that makes countries rich. Being unable to trust buyers and workers, sellers etc mean's that cooperation can't occur and so physical resources amount to nothing when they are unable to be utilised.
I like in China and although crime is very low, and people can leave bike helmets on their bikes without it being stolen, I think you are much more likely here than in the UK, for example, to be scammed. Also they care more here about appearances than substance, so the quality of everything is lower.
If you go to the hospital, even the receptionists wear white coats like doctors.
Taiwan owns almost 70% of chips. Imagine your home fans, lights, tv, phones, pc. Most of thing inside have a Taiwan chip.
因為台灣是上帝眷顧的土地，就像英國，美國!
"Political elite that is more concerned with holding onto power than the well being of it's citizenry." Where have I seen this idea before... 🤔
One ironic fact is - China had been Taiwan's leading trade partner from 2005-2022. The two sides signed the ECFA trade deal in 2010. China had accounted for 25% of Taiwan's exports and 20% of its imports. It was only last year (2023) that this changed.
Are you talking about a memo?
Yeah. It’s mostly caused by Taiwanese electronic parts shipped to Taiwanese and Chinese firms in China for final product assembly. That means Taiwanese parts are crucial to Chinese exports. Now that companies are moving their assembly base to Southeast Asia a lot of those GDPs are going to move away from China in the upcoming years.
We feel more like China these days than Taiwan
Semi conductors
...and TSMC!
this video didn't really say anything other than "freedums!"
Yeah, Taiwan is just like us, Oh God I crack myself up when I say something that silly.
Nick Frietas, I really wish you were capable of being an NC representative. I would feel that you would make an amazing president if we didn't have a governmental structure that mostly hamstrings the president, not that I really want that to change in case a president that I do not agree with holds office.
Capitalism vs Communism
Taiwan, and Japan, took advantage for decades and decades as preferred nation clients with the USA;, the largest consumer economy at the time. By 1980 Taiwan merchants were able to offload their dirty industry to mainland China, who couldn't really say no at the time. then Taiwanese grabbed second/third homes and bailed to Canada, grabbing that 2nd. Passport, just in case they needed to be outta Dodge. Letters of Credit built the nation, but you have to have a consumer with KASH to deliver your goods to, and the USA was the consumer.
Aside from not being communist, the biggest reason why Taiwan is so wealthy is TSMC. The largest company youve never heard of
From what I've read, the CCP spends at least as much on internal suppression and preventing themselves being overthrow as they do on their outward facing military. That has a cost to the people as well.
California or China?? I’m confused
Who stole my money?😢
☯🇲🇳🇨🇳🇲🇴🇭🇰🇹🇼☸
🎖Republic of China🎖
㊗Waves of Wonder㊗
Beard Wednesday!
Anyone looked to see what happen 2 4 24. hope the chip factory is Ok.
As little Kamala said: fweedom.
But hey, the Chinese have more equity and diversity, and that’s what counts.
I think alot of the benefits u state that china has would also be hindrances.
well i am sure it helps that they, like most of the western world ( yes they are in the east) dont pay a dime in defense costs...thats on the us tax payer backs....and it shouldnt be at this point
The sad thing is, younger generation Taiwanese aren't being given as much of that wealth as it is being siphoned to the elites and politicians. Look up "afford a house in Taipei" and you'll know exactly what I mean.
Not to mention the semiconductor chips, you know why they're so affordable? Yep. Laughable wages. Taiwan's wage rate increase is among the lowest in East Asia
Taiwan is rich because like Japan and South Korea. West Germany Hing Kong Singapore these places were in the front line against Communism and quietly propped up by the West.
some day i want to move to taiwan to build a fresh life from Canada witch has robbed the people there future but this video is very interesting
Taiwan's wealth stems from the industrial and technology policies of the Chiang Ching-kuo administration 50 years ago. Visionaries like Sun Yun-suan, K.T. Li, and Yin Chung-jung spearheaded the Ten Major Construction Projects, established the Hsinchu Science Park, and founded ITRI and TSMC, laying the foundation for Taiwan's leadership in semiconductors, electronics, and ICT industries.
Since Deng Xiaoping's economic reforms, Mainland China has focused on industrial restructuring in its Five-Year Plans, starting in 1990, achieving remarkable progress. The rapid development of high-tech industries, especially under the 14th Five-Year Plan (2021-2025), has driven the transformation of manufacturing into smart manufacturing with significant success.
Mainland China is Taiwan's largest export and surplus destination. In 2013, Taiwan's exports to Mainland China amounted to $342.22 billion USD, with a trade surplus of $85.86 billion USD, accounting for 35.2% of the total export volume.
In 2023, Taiwan ranked 12th among China's provinces and cities in terms of GDP:
1. Guangdong Province: $1.88 trillion
2. Jiangsu Province: $1.76 trillion
3. Shandong Province: $1.32 trillion
4. Zhejiang Province: $1.18 trillion
5. Henan Province: $871 billion
6. Sichuan Province: $857 billion
7. Fujian Province: $759 billion
8. Hubei Province: $731 billion
9. Hunan Province: $689 billion
10. Shanghai City: $647 billion
11. Beijing City: $618 billion
12. Taiwan Province: $605 billion
I am Indonesian I travel alot to China and Taiwan for bussiness.
And I LOL to this video 😂😂😂😂
why?
nah... Taiwan is still poor but richer than Southeast Asian countries.
Highly bias video that just ignores all historical context. Taiwan was industrialized much earlier when still under Japanese rule, and when the KMT fled there, they also took all Chinas national gold reserve with them to Taiwan. Taiwan also enjoyed access to global trade much earlier when communist China was heavily sanctioned by US until the Sino-Soviet split. Also, it surprises no one it takes much longer to raise the average income of a nation of 1.2 billion people vs. 23 million. But truth and nuance has no place in a highly ideological channel such as this one.
This oversimplification is so extreme that it has crossed into propaganda territory.
Looking at per capita skews against any country with large populations. Of course Taiwan will look increadible compared to any of the top 20 population countries in the world.
This is overall true but you need to remember recent chinese events. China has recently made incredible discoveries and created a system that I would almost bet you no other country could make. Yes. Taiwan is richer per capita but China has recently become a lot more advanced and will very soon overtake Taiwan in advancement
china....kerkerker...depression
Doomsday ?
What about Taiwan's massive inflation?
3% is massive???
@@xpusostomos one Taiwan dollar gets you a little over three US pennies.
@@kitcarson1697 5 years ago, it also bought 3 US pennies. What would your point be?
Massive? 😂
Come to Ireland I will show you what is massive inflation
@@kitcarson1697 whats your point?
I live in Taiwan and think Taiwan is poor
Coz you are communist
i lived in your house and it's shiit
@@formosan9576what is the color of your house?
@@formosan9576or you don't even have a house
Don’t confuse people. Taiwan is not a country. All information are false
Taiwan is Taiwan, not evil china
Both of them are different country.
Why compare,Tawain is a provience of China.Tawain should be compared with its sister provience like Guangdong.
比年輕人的失業率嗎？？？？中國政府快公佈啊？（笑
hahaha....
Taiwan is Taiwan, not evil china, different country.
Ok, so we need to define rich. What do you mean by rich? If you mean a hight gdp then yeah, they're rich. But if you mean wealth distribution, thats an entirely different story. The usa is the richest country in the world but we have millions of people dying of starvation. One mans rich means everyone elses poor
What are you trying to say? Do you wanna say that China or other communist countries have a better distribution of wealth compared to free countries like the US, TW, and JP?
@@yu-hsianglien4228 nope, I'm saying exactly what I said. Read it again.