How did China transform from a poor country into the world's second largest economy?

[haidian]

No. It was not US companies.

You cannot dispute that Taiwanese notebook computers, digital cameras, logic chips, etc. were all manufactured on mainland China.

China gets investment from all around the world, almost every foreign brand car has their factories in China. What I m saying is that officially we have statistics, let's stick to those facts.

 

[Martian2]

China gets investment from all around the world, almost every foreign brand car has their factories in China. What I m saying is that officially we have statistics, let's stick to those facts.

Did you read the thread title?

It says "How did China transform from a poor country into the world's second-largest economy?"

The answer is still Taiwan.

America's Intel and South Korea's Samsung manufacture technology-simplistic memory chips on mainland China.

Taiwan's TSMC is introducing 16nm logic-chip production in 2018.

Taiwan is still pushing the frontiers of technology into China.

Car manufacturing is medium-tech and not worth discussing. Everybody knows how to manufacture a car. Even the Indians know how.
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Who provided the money for China's modernization? Taiwan earned its trade surpluses from the world and funded China's modernization.

What technology did Taiwan provide to China? LCD, LED, logic-chip manufacturing, 3G and 4G (via MediaTek), machine-tool technology, solar panel manufacturing, specialty chemicals, etc.

The claims that Hong Kong was responsible for China's modernization is silly. No city can modernize China. It was technological powerhouse Taiwan with its wealth that accomplished China's modernization in 40 years.

 

[haidian]

Did you read the thread title?

It says "How did China transform from a poor country into the world's second-largest economy?"

The answer is still Taiwan.

America's Intel and South Korea's Samsung manufacture technology-simplistic memory chips on mainland China.

Taiwan's TSMC is introducing 16nm logic-chip production in 2018.

Taiwan is still pushing the frontiers of technology into China.

Car manufacturing is medium-tech and not worth discussing. Everybody knows how to manufacture a car. Even the Indians know how.

It's Hong Kong and Hong Kong's money transfromed Mainland China, Do you read Chinese? Check this again. http://www.erj.cn/UploadFiles/香港在中国经济现代化进程中的作用.pdf

Let's stick to facts that issued by the central govenment, not make judgement based on personal perspectives.

 

[Martian2]

It's Hong Kong and Hong Kong's money transfromed Mainland China, Do you read Chinese? Check this again. http://www.erj.cn/UploadFiles/香港在中国经济现代化进程中的作用.pdf

Let's stick to facts the issued by the central govenment, not make judgement based on personal perspectives.

You're an idiot. It wasn't Hong Kong.

You looked at the flow of Taiwanese money through Hong Kong and conclude its Hong Kong.

You are merely looking at the conduit (Hong Kong). The source is Taiwan.

 

[haidian]

You're an idiot. It wasn't Hong Kong.

You are a big moron knowing nothing about China

 

[Martian2]

Scholars say Taiwan was responsible for China's modernization.
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Taiwan's Impact on China: Why Soft Power Matters More than Economic or Political Inputs

"[Taiwan] constituted a major contribution to China's economic modernization and rise ...

...what the Taiwanese did was essentially to transfer manufacturing from Taiwan to the Mainland."

 

[haidian]

I don't care about what scholar, people have different prespectives . I go by facts and figures and they are objective and don't lie.

 

[Martian2]

We are not enemies at all. Not a single person in Mainland China that I know of (and I know a lot and I did research in Mainland China for a long time and running joint research programs between universities) ever described the situation in that way.

It is political difference and, you are right, there are extreme few in Taiwan, just as there are extreme few in Hong Kong. Yet, the overwhelming majority would not call their blood relatives an enemy.

Hence, there is no reason to look down on the help that same people on each side have provided to each other. Today Taiwan benefits immensely from the Mainland market and tourism as Mainland allows huge trade deficit and opens up the market for Taiwan companies such as Giant or joint ventures such as Luxgen.



Very true. China, when it was terribly isolated and sanctioned, received key technologies through those Greater China regions that had more amiable relations with the West (and the US allowed them to prosper hoping that they would form an anti-China bloc).

This is not to belittle the hard work and sacrifice of the people in the Mainland China. This is only to show how significant and our ties are. I guess we need to take pride in this, not feel offended. You guys surprise me.

@Chinese-Dragon , @cirr

That Haidian guy is a complete idiot.

He thinks that America's imposition of sanctions on China after 1989 for Tiananmen Square helped to modernize China.

It wasn't US sanctions and it wasn't Hong Kong city.

It was mighty industrial-power Taiwan that modernized China.

Taiwan's full wealth and technological power were used to industrialize China.

If it was merely Hong Kong, India would be modernized today from its finance-center Mumbai.

 

[haidian]

That Haidan guy is a complete idiot.

He thinks that America's imposition of sanctions on China after 1989 for Tiananmen Square helped to modernize China.

It wasn't US sanctions and it wasn't Hong Kong city.

It was mighty industrial-power Taiwan that modernized China.

You are a big moron who is blinded by your impossible ego. we have facts and figures which speak volume and I doubt if you can even read Chinese and you talk about your version of China's development which no one believes. Go and get lost.

 

[Martian2]

You are a big moron who is blinded by your impossible ego. we have facts and figures which speak volume and I doubt if you can even read Chinese and you talk about your version of China's development which no one believes. Go and get lost.

South China Morning Post, scholars, BusinessWeek in the 1980s, etc. all agree Taiwan was responsible for industrializing China.

It is widely acknowledged that Taiwan industrialized China.

It is not my personal opinion. It is the consensus mainstream judgment.

 

[haidian]

South China Morning Post, scholars, BusinessWeek in the 1980s, etc. all agree Taiwan was responsible for industrializing China.

It is widely acknowledged that Taiwan industrialized China.

It is not my personal opinion. It is the consensus mainstream judgment.

Google and find thousands of articles stating Hong Kong's vital role. Do I have to post every single of them here.

 

[Martian2]

Google and find thousands of articles stating Hong Kong's vital role. Do I have to post every single of them here.

Hong Kong could not have modernized China.

Hong Kong has no technology or patents.

Taiwan is the world #4 in cumulative USPTO patents. Taiwan is a world power in technology. Hong Kong is a nobody.

Technology does not drop out of thin air.

Where did China obtain its technology? It wasn't Hong Kong. It was Taiwan.

Where did China obtain the technology to produce digital cameras, personal computers, notebook computers, logic-chip semiconductor manufacturing, solar panel manufacture, 3G and 4G modem technology, smartphone manufacture, specialty chemicals, LCD displays, LED, CNC machine tools, etc.?

Taiwan made all of those products.

China simply learned Taiwan's technology and today, China manufactures the exact same products as Taiwan.

Hong Kong produces none of these advanced-technology products.

I ask again: Which country modernized China? It can't be Hong Kong, because Hong Kong doesn't have the faintest idea on how to manufacture advanced-technology products.

The answer is obvious. Taiwan has been manufacturing advanced value-added high-tech products for export. The technology was transferred to China and today, China is an exporter of the exact same high-tech products as Taiwan.

This process of technology transfer from Taiwan to China continues today. TSMC's transfer of 16nm logic-chip manufacturing to China in 2018 will represent the most advanced semiconductor manufacturing technology on mainland China.

Also, China has hired the former CEO of Taiwan's Inotera to spearhead China's development of memory chips. It is expected that the former CEO of Inotera will hire many of his colleagues from Taiwan. Taiwanese experts in manufacturing computer memory will be the foundation of mainland China's DRAM memory manufacturing.

 

[haidian]

Hong Kong could not have modernized China.

Hong Kong has no technology or patents.

Taiwan is the world #4 in cumulative USPTO patents. Taiwan is a world power in technology. Hong Kong is a nobody.

Technology does not drop out of thin air.

Where did China obtain its technology? It wasn't Hong Kong. It was Taiwan.

Where did China obtain the technology to produce digital cameras, personal computers, notebook computers, logic-chip semiconductor manufacturing, solar panel manufacture, 3G and 4G modem technology, smartphone manufacture, specialty chemicals, LCD displays, LED, CNC machine tools, etc.?

Taiwan made all of those products.

China simply learned Taiwan's technology and today, China manufactures the exact same products as Taiwan.

Hong Kong produces none of these advanced-technology products.

Go back and check the title of OP, it's about the Chinese economy.

 

[madmusti]

China was even in the History for long decades the world´s largest economy but there was some Wars and Relaps but they had never such a Big Population.

 

[Viet]

China gets investment from all around the world, almost every foreign brand car has their factories in China. What I m saying is that officially we have statistics, let's stick to those facts.

You are right and Martian is right. It is the money of overseas Chinese from TW, HK, Singapore, Indonesia and Malaysia. It is more or less only TW that transfers the technology. Plus, the technology from the West because China demands in the early phase all foreign companies to establish joint ventures. Chinese are masters in studying and copying things. One prime example is Germany train technology when you buy only one piece and copy in multiple pieces.

HK has no technology but capital. In many cases the latter is more important because you can buy technology. I was in HK before handover.