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Everything you ever wanted to know about Taiwan but were afraid to ask, Part 2

Sinica Podcast

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The Economic Impact of Tiananmen on Taiwan

The land is cheap, the buildings are crappy, the people are underemployed and will do anything for money. This is exactly what we need because at that moment Taiwan's export-oriented manufacturing is topping out in a whole bunch of industries. So there is this ginormous flood of Taiwanese businesses from Taiwan to the mainland. Very welcome. You know, these local governments are ecstatic to get this investment. Then Tiananmen happens and all the other potential investors bug out for a couple of years because they're doing sanctions. And Taiwanese, it's all sub-rosa, you know, nobody's in charge.

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