[quote=FlyerInHi]I don’t know, OCR, China has done pretty well compared to the Phillipines. The Phillipines was the richest country after WWII, and it’s fallen steadily behind the other countries the region.
If there a war for Taiwan independence, what do you think happens to the substantial wealth in China owned by Taiwanese businessmen?[/quote]
True, but the Philippines also did not have 78 million death from the Great Leap Forward and the cultural revolution. The Philippines was the richest due to US involvement, but was the “richness” real? This is like saying Puerto Rico is the richest in the Caribbean, but that’s due to US tax breaks and social services and handouts, why do you think PR can have independence and chose not to.
Most likely a lot of the Taiwanese businesses will be forced to swear allegiance to China, but they already do now. In addition, funds can’t be repatriated to Taiwan to cook up the housing prices. (You know that’s why Taipei real estate is the most inflated in the world compared to wage right? Repatriated money from China just go into buying real estate, that’s why). China will likely invade Kinmen and Matsu and claim victory as well. China doesn’t have capability to launch amphibious invasion of the Taiwanese mainland.
