Short Taiwan?

[Spekulatius]

Some interesting discussion about China, Taiwan and how it relates to Ukraine:

Neill’s thesis is that we are in a Cold War with China but haven’t acknowledged it yet. This is similar to what happened after WW2 before China invaded Korea in 1950.

Edited May 23, 2023 by Spekulatius

[Luke]

https://asia.nikkei.com/static/vdata/infographics/taiwan-economy/?utm_campaign=IC_asia_daily_free&utm_medium=email&utm_source=NA_newsletter&utm_content=article_link&del_type=1&pub_date=20230531190000&seq_num=__SEQ__&si=6dfb7e99-152f-4dde-88a8-d168e413458c

 

Really nice Article:

 

 

How Taiwan became the indispensable economy!

Edited May 31, 2023 by Luca

[Spekulatius]

Zeihan on a trade agreement (or better early steps of a trade agreement). I agree that the US is moving towards treating Taiwan like a country:

https://www.bbc.com/news/business-65773797

[Luke]

 

Great watch too! 

[zippy1]

7 hours ago, Luca said:

 

Great watch too! 

There is a big gap in what the Taiwanese education system produces and what the businesses need.  Nowadays, the tech companies send people into senior high schools (10-12 grades) to give seminars, hoping to persuade teenagers to go for a science-engineering education.  
The typically starting salary in Hsinchu Science Park for a MS student places him/her at around 90 percentile of Taiwanese household income. However, not everyone wants to learn science and engineering.

[gary17]

Taiwan's GDP per capita surpassed Japan's -

Gary

[zippy1]

14 minutes ago, gary17 said:

Taiwan's GDP per capita surpassed Japan's -

Gary

under purchase power parity, yes.  Taiwan did surpass Japan and South Korea recently.

However, in Taiwan, the financial compensation for jobs in electrical/semiuconductor industry and the financial compensation for jobs in other industries can be substantial.  The kind of contrast is a bit like the software engineering jobs and jobs in other industries in the US.  I think in the video, they interviewed young people who have jobs with lower pays and also happen to live in Taipei area, which has more expensive living costs.  

The semiconductor and electrical engineering jobs primarily are in Hsinchu, Taichung and Tainan.  These places have much lower living costs than in Taipei, in particular housing costs. 

[Luke]

 

 

Great clip by the DPP, the PR department hit it on the nail, havent seen such a good election video ever in germany. 

[Luke]

https://www.bloomberg.com/news/live-blog/2024-01-13/taiwan-presidential-election

 

Ruling DPP’s Lai to Claim Taiwan Election Win With KMT Set to Concede

• DPP’s Lai to claim victory as rival KMT, TPP to concede
• Taiwan is electing new president in three-way race
• DPP appears set to extend eight-year grip on power
• Election set to shape relations with China, US

[zippy1]

17 minutes ago, Luca said:

https://www.bloomberg.com/news/live-blog/2024-01-13/taiwan-presidential-election

 

Ruling DPP’s Lai to Claim Taiwan Election Win With KMT Set to Concede

• DPP’s Lai to claim victory as rival KMT, TPP to concede
• Taiwan is electing new president in three-way race
• DPP appears set to extend eight-year grip on power
• Election set to shape relations with China, US

It is an election that all three major parties all felt bad. 
DPP won the presidency but lost the majority in the legislature. It would be more difficult to pass legislation now.
KMT, with its supporters being oldest among the three major parties, now faces an even more difficult future. (think: Oldsmobile)
TPP received less votes than its internal estimates.  It was hoping for a much closer votes compared to KMT or even to replace KMT as "the opposition party."  However, one consolation for TPP is that TPP is now the critical minority in the legislature.