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Are you kidding China's taiwan investment is responsable for its own money ownerIn 1978, Deng Xiaoping opened China up to foreign investment.
Taiwan provided the technology, investment capital, patents, manufacturing expertise, and customers around the world.
Deng Xiaoping was responsible for half of China's economic superpower transformation. Taiwan was responsible for the other half.
Since Taiwan refuses to invest significantly in other countries, we have not seen another China-miracle transformation in any other part of the world.
Taiwan's transformation of China was most visible in Shenzhen (the Pearl River Delta Region). Taiwan built miles and miles of factories. If you had taken a bus ride outside Shenzhen in 1993, you would have seen endless cranes building massive factories. Those were all Taiwanese.
The Taiwanese investments in China provided tax revenue to the regional Chinese government. Taiwan trained two generations of Chinese engineers (e.g. 1978-2017 or forty years).
It doesn't matter if governments around the world want to copy China's "opening-up" policies. You still need a massive investor like Taiwan to provide the technology, capital, and expertise.
For your information, Taiwan's investment in China is estimated at $400 billion to $1 trillion dollars. Much of the Taiwanese money was routed through shell corporations in Hong Kong.
Last year China received more than 110billions foreign investment,so all taiwan investment in China is just representing 3 years amount,so along with 40years,how much 10 to 15%?In 1978, Deng Xiaoping opened China up to foreign investment.
Taiwan provided the technology, investment capital, patents, manufacturing expertise, and customers around the world.
Deng Xiaoping was responsible for half of China's economic superpower transformation. Taiwan was responsible for the other half.
Since Taiwan refuses to invest significantly in other countries, we have not seen another China-miracle transformation in any other part of the world.
Taiwan's transformation of China was most visible in Shenzhen (the Pearl River Delta Region). Taiwan built miles and miles of factories. If you had taken a bus ride outside Shenzhen in 1993, you would have seen endless cranes building massive factories. Those were all Taiwanese.
The Taiwanese investments in China provided tax revenue to the regional Chinese government. Taiwan trained two generations of Chinese engineers (e.g. 1978-2017 or forty years).
It doesn't matter if governments around the world want to copy China's "opening-up" policies. You still need a massive investor like Taiwan to provide the technology, capital, and expertise.
For your information, Taiwan's investment in China is estimated at $400 billion to $1 trillion dollars. Much of the Taiwanese money was routed through shell corporations in Hong Kong.
You are ignorant of history.Are you kidding China taiwan investment. is responsable for its own money even today a lot taiwan investors support taiwan independence while making money on mainland China!That is one reason Chinese is not respected by other country.
Last year China received more than 110billions foreign investment,so all taiwan investment in China is just representing 3 years amount,so along with 40years,how much 10 to 15%?
Chinese Taiwan province has only TSMC who.may still means something!
LENEVO and Dell, HP will be crashed...You are ignorant of history.
90% of the world's notebook computers are produced by Taiwanese companies on the Chinese mainland. All of the Taiwanese notebook computer manufacturing plants were shut down by 2004.
Do you really want to go sector-by-sector and discuss LCD, MediaTek 3G chips, SMIC losing a lawsuit for hiring away entire chunks of TSMC's staff?
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Today, China has its own massive multinationals like Huawei, Alibaba, Sany, etc.
We are talking about where China acquired the capital and expertise in electronics and semiconductors. It came from Taiwan.
Taiwan investment did mean something but not that important as you are speaking of...You are ignorant of history.
90% of the world's notebook computers are produced by Taiwanese companies on the Chinese mainland. All of the Taiwanese notebook computer manufacturing plants were shut down by 2004.
Do you really want to go sector-by-sector and discuss LCD, MediaTek 3G chips, SMIC losing a lawsuit for hiring away entire chunks of TSMC's staff?
----------
Today, China has its own massive multinationals like Huawei, Alibaba, Sany, etc.
We are talking about where China acquired the capital and expertise in electronics and semiconductors. It came from Taiwan.
The thread title is not about whether China is a massive and modern industrial power TODAY.
The thread title is: How did China transform from a poor country into the world's second-largest economy? The answer is Taiwan.
China is basically Taiwan on steroids after 40 years.
Foxconn also owns many patents. Don't denigrate Foxconn. For many years, Foxconn hired and paid salaries to one million Chinese workers. That's a lot of take-home pay. Foxconn provided jobs and paid taxes in China. Foxconn also constructed a lot of factories.LENEVO and Dell, HP will be crashed...
So.low end Foxconn is.the key for China development!?
Hisilicone has already crashed mediatek which through my.phone experience not as good as snap dragon or kirin 920 no need to mention snapdragon 835 or kinrin 970You are ignorant of history.
90% of the world's notebook computers are produced by Taiwanese companies on the Chinese mainland. All of the Taiwanese notebook computer manufacturing plants were shut down by 2004.
Do you really want to go sector-by-sector and discuss LCD, MediaTek 3G chips, SMIC losing a lawsuit for hiring away entire chunks of TSMC's staff?
----------
Today, China has its own massive multinationals like Huawei, Alibaba, Sany, etc.
We are talking about where China acquired the capital and expertise in electronics and semiconductors. It came from Taiwan.
The thread title is not about whether China is a massive and modern industrial power TODAY.
The thread title is: How did China transform from a poor country into the world's second-largest economy? The answer is Taiwan.
China is basically Taiwan on steroids after 40 years.
where Foxconn can.get so.many hard worker india?USA or Brasil?Foxconn also owns many patents. Don't denigrate Foxconn. For many years, Foxconn hired and paid salaries to one million Chinese workers. That's a lot of take-home pay. Foxconn provided jobs and paid taxes in China. Foxconn also constructed a lot of factories.
However, I'm not talking about Foxconn.
I'm talking about TSMC --> SMIC (which is China's largest semiconductor manufacturer today)
I'm talking about Spreadtrum hiring MediaTek engineers to quickly close the gap in 3G chips.
I'm talking about LCD production that depended on hiring experts from Taiwan's AUO.
Similar situations for LEDs, solar panel manufacturing, specialty chemicals, etc.
Every single industrial sector that Taiwan is strong in, China developed the exact same expertise about 20 years later. Did China magically receive technology from thin air? No, it was learned from the Taiwanese experts working on mainland China.
No. Hong Kong has no technology. Those were Taiwanese shell companies. The technology came from Taiwan.The main investment came from Hong Kong, not Taiwan
1979年至2007年,内地累计吸收香港直接投资项目28.85万个,实际使用港资累计3085.33亿美元,占内地引进外资项目和实际利用外资的45.2%和40.4%,在80年代中期,港资曾占到内地利用外资比重的60%。香港是内地最大的海外筹资中心。在香港上市的内地企业,包括H股公司、红筹股公司及非H股民营企业,总数已达453家,累计筹集资金超过1.9万亿港元。No. Hong Kong has no technology. Those were Taiwanese shell companies. The technology came from Taiwan.
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To sell an expensive electronic or semiconductor product in a developed country, you need patents to avoid being sued. Taiwan has 150,000 cumulative USPTO patents. Taiwan invented most of the improvements to the notebook computer and it owns 90% of the worldwide market. Similar story in digital cameras, LCD displays (where South Korea's LG lost a federal lawsuit for violating four critical Taiwanese AUO patents), etc.
China (36,000 USPTO patents) has relatively little cumulative USPTO patents. China is walking in Taiwan's footsteps and relying on Taiwanese patents to export to the world.
Taiwan remains the world's third-largest cumulative foreign holder at 150,121 USPTO patents
For 2014, Taiwan remained the world's third-largest cumulative foreign holder of 150,121 USPTO (ie. U.S. Patent and Trademark Office) patents during the last 38 years. Essentially, Taiwan is out-innovating every other country on the planet except for the United States, Japan, and Germany. This would explain Taiwan's ever-increasing standards of living and foreign exchange reserves.
Patent Counts By Country, State, and Year - All Patent Types (December 2014)
A. Taiwan's cumulative USPTO patents are clearly massive in terms of quantity. However, we have to examine the quality of the Taiwanese patents. This can be done indirectly and easily by mentioning ten large leading Taiwanese companies in diverse industries.
1. TSMC (or Taiwan Semiconductor Manufacturing Company) is the world leader in the foundry business with 50% worldwide market share. TSMC logic chip technology is currently being mass produced at a leading-edge 20nm.
2. Mediatek is a leading multi-billion dollar designer of systems-on-chip (SOC) for smartphones and tablets.
3. Quanta and Compal produce 80-90% of the world's notebook computers with Taiwanese patents.
4. AU Optronics is a leading LCD manufacturer. AU Optronics won a monstrous patent lawsuit against South Korea's LG where a U.S. Federal District Court ruled that LG infringed on four key AU Optronics patents.
5. Epistar is a leading LED manufacturer with 1,000 LED patents.
6. Formosa Plastics is a leading manufacturer of specialty chemicals.
7. Taiwan is the world's fourth-largest machine tool exporter and has built a sub-micron CNC machine tool.
8. "Delta Electronics, Inc. (Chinese: 台達電子工業股份有限公司), founded in 1971, is the world's largest provider of switching power supplies and DC brushless fans,[1] as well as a major source for power management solutions, components, visual displays, industrial automation, networking products, and renewable energy solutions. Delta Group has sales offices worldwide and manufacturing plants in Taiwan, China, Thailand, Mexico, India and Europe."
9. "In Taiwan, which has the second-largest chip-design industry after the U.S., Novatek is a standout. Chairman Ho Tai-shung has turned it from a little spinoff of United Microelectronics (the Taiwanese chipmaker that is the world's second-largest foundry, behind only neighbor and rival Taiwan Semiconductor Manufacturing) into a chip-design powerhouse. Novatek, based in Taiwan's premier high-tech zone, the Hsinchu science park, is the island's dominant provider of TFT-LCD driver and controller chips, key components in the liquid crystal displays used in PC monitors and TV screens." (from BusinessWeek)
10. "Largan is the world’s biggest designer and manufacturer of imaging lens products used in mobile devices." (from Bloomberg News)
B. 60% of mainland Chinese high-tech exports are being conducted by Taiwanese companies. This means mainland China still relies on Taiwanese patents to expand its economy. With over 70,000 Taiwanese companies and one million Taiwanese residents, it is business as usual on mainland China.
C. Mainland China produces over half the number of Taiwanese USPTO patents on an annual basis. With $4 trillion dollars in foreign exchange reserves and its own USPTO patents, China's continued industrialization is unstoppable. It's nice to have Taiwanese companies, but they are no longer indispensable.
China has its own long list of corporate titans: Lenovo, Huawei, ZTE, PetroChina, Xiaomi, Alibaba, Baidu, SMIC, Haier, SAIC Motor, etc.
D. Since Taiwan has a small population of 23 million people, it proves that any country with over 20 million in population has the ability to industrialize based on its own innovation and USPTO patents.
E. However, Taiwan is a rare success story. Theoretically speaking, economics is not a zero-sum game. Thus, a developing country's economy should take off with currently undiscovered inventions. Practically speaking, it is difficult to identify a new economic sector that could produce billions of dollars in profits.
In conclusion, the story of Taiwan serves as an interesting model for developing countries. Taiwan proved that you can bootstrap your own economy into becoming a developed country. Hence, it is interesting to keep monitoring the USPTO patents every year to see if there is a breakout country on the cusp of joining the industrialized world.