Many doing Business in China are now having to really take a serious eye to China’s New Militarization. Yes, China is now on a New Uncontrolled Destiny that could put her on track to her own Destruction.
The Chinese navy now has access to 1.5 million tons of shipping that could carry an assault force across the Taiwan Strait and initiate an invasion of Taiwan.
To have any chance of conquering Taiwan, China might need to transport as many as 2 million troops across the rough 100 miles of the Taiwan Strait and land them under fire at the island’s 14 potential invasion beaches or 10 major ports.
BUT! When or if China Invades Taiwan, all of America would HALT ALL IMPORTS FROM CHINA! All Ships headed from China to America would be Impounded upon arrival. The Game of Chess would not be merely to Attack Taiwan, but to do so without affecting China’s ability to continue with its World Trade. It couldn’t. The World wouldn’t just sit there and take it. No, they’ll just sit there and take it and burn or destroy all Things Chinese.
Products from China would be devastated. No Major Market in the West. So, basically, while China attacks Taiwan, it would be shooting itself in the Foot at the same time.
Right now, American and World Business Leaders are taking a weary eye on China, yes, right now, and her provocations with Taiwan. Major Business Deals have been put on Hold. No one wants to Deal with the Red Dragon while it devours such a Little Island Country. And while eating the Dead Taiwanese Citizens, where will the Red Dragon look to feast next? Who would it Invade next?
But more importantly, why would any Country work with a Thug Nation? They won’t…the World has already had a weary eye on China over its dealings with Hong Kong
The earliest known written records of the history of China date from as early as 1250 BC, from the Shang dynasty (c. 1600–1046 BC), during the king Wu Ding‘s reign, who was mentioned as the twenty-first Shang king by the same. Ancient historical texts such as the Book of Documents (early chapters, 11th century BC), the Records of the Grand Historian (c. 100 BC) and the Bamboo Annals (296 BC) mention and describe a Xia dynasty (c. 2070–1600 BC) before the Shang, but no writing is known from the period, and Shang writings do not indicate the existence of the Xia. The Shang ruled in the Yellow River valley, which is commonly held to be the cradle of Chinese civilization. However, Neolithic civilizations originated at various cultural centers along both the Yellow River and Yangtze River. These Yellow River and Yangtze civilizations arose millennia before the Shang. With thousands of years of continuous history, China is among the world’s oldest civilizations and is regarded as one of the cradles of civilization.
The Zhou dynasty (1046–256 BC) supplanted the Shang, and introduced the concept of the Mandate of Heaven to justify their rule. The central Zhou government began to weaken due to external and internal pressures in the 8th century BC, and the country eventually splintered into smaller states during the Spring and Autumn period. These states became independent and fought with one another in the following Warring States period. Much of traditional Chinese culture, literature and philosophy first developed during those troubled times.
In 221 BC, Qin Shi Huang conquered the various warring states and created for himself the title of Huangdi or “emperor” of the Qin, marking the beginning of imperial China. However, the oppressive government fell soon after his death, and was supplanted by the longer-lived Han dynasty (206 BC – 220 AD). Successive dynasties developed bureaucratic systems that enabled the emperor to control vast territories directly. In the 21 centuries from 206 BC until AD 1912, routine administrative tasks were handled by a special elite of scholar-officials. Young men, well-versed in calligraphy, history, literature, and philosophy, were carefully selected through difficult government examinations. China’s last dynasty was the Qing (1644–1912), which was replaced by the Republic of China in 1912, and then in the mainland by the People’s Republic of China in 1949. The Republic of China retreated to the island of Taiwan in 1949. Both the PRC and the ROC currently claim to be the sole legitimate government of China, resulting in an ongoing dispute even after the United Nations recognized the PRC as the government to represent China at all UN conferences in 1971. Hong Kong and Macau transferred sovereignty to China in 1997 and 1999 from the United Kingdom and Portugal respectively, becoming special administrative regions (SARs) of the PRC.
Chinese history has alternated between periods of political unity and peace, and periods of war and failed statehood—the most recent being the Chinese Civil War (1927–1949). China was occasionally dominated by steppe peoples, most of whom were eventually assimilated into the Han Chinese culture and population. Between eras of multiple kingdoms and warlordism, Chinese dynasties have ruled parts or all of China; in some eras control stretched as far as Xinjiang, Tibet and Inner Mongolia, as at present. Traditional culture, and influences from other parts of Asia and the Western world (carried by waves of immigration, cultural assimilation, expansion, and foreign contact), form the basis of the modern culture of China.
Although the PRC needs economic growth to spur its development, the government began to worry that rapid economic growth was degrading the country’s resources and environment. Another concern is that certain sectors of society are not sufficiently benefiting from the PRC’s economic development; one example of this is the wide gap between urban and rural areas. As a result, under former CCP general secretary and President Hu Jintao and Premier Wen Jiabao, the PRC initiated policies to address issues of equitable distribution of resources, but the outcome was not known as of 2014. More than 40 million farmers were displaced from their land, usually for economic development, contributing to 87,000 demonstrations and riots across China in 2005. For much of the PRC’s population, living standards improved very substantially and freedom increased, but political controls remained tight and rural areas poor.
The outbreak of the novel coronavirus SARS coronavirus 2, which causes COVID-19 disease, originally detected in Wuhan became the global COVID-19 pandemic. The virus’ origin in China has led to misinformation, including conspiracy theories that suggest the virus originated in a Chinese laboratory and was genetically engineered. The World Health Organization concluded that artificial origin of the coronavirus is “extremely unlikely”.
In the immediate aftermath of World War II, post-war economic conditions compounded with the then-ongoing Chinese Civil War caused severe inflation across mainland China and in Taiwan, made worse by disastrous currency reforms and corruption. This gave way to the reconstruction process and new reforms.
The KMT took control of Taiwan’s monopolies that had been owned by the Japanese prior to World War II. They nationalized approximately 17% of Taiwan’s GNP and voided Japanese bond certificates held by Taiwanese investors. These real estate holdings as well as American aid such as the China Aid Act and the Sino-American Joint Commission on Rural Reconstruction helped to ensure that Taiwan would recover quickly from war. The Kuomintang government also moved the entire gold reserve from the Chinese mainland to Taiwan, and used this reserve to back the newly issued New Taiwan dollar to stabilize the new currency and put a stop to hyperinflation.
The KMT authorities implemented a far-reaching and highly successful land reform program on Taiwan during the 1950s. The 375 Rent Reduction Act alleviated tax burden on peasants and another act redistributed land among small farmers and compensated large landowners with commodities certificates and stock in state-owned industries. Although this left some large landowners impoverished, others turned their compensation into capital and started commercial and industrial enterprises. These entrepreneurs were to become Taiwan’s first industrial capitalists. Together with businessmen who fled from mainland China, they once again revived Taiwan’s prosperity previously ceased along with Japanese withdrawal and managed Taiwan’s transition from an agricultural to a commercial, industrial economy.
From 1950 to 1965, Taiwan received a total of $1.5 billion in economic aid and $2.4 billion in military aid from the United States. In 1965 all American aid ceased when Taiwan had established a solid financial base. Having accomplished that, ROC president Chiang Ching-kuo (the son of Chiang Kai-shek) started state projects such as the Ten Major Construction Projects that provided the infrastructure for building a strong export-driven economy. Taiwan has developed steadily into a major international trading power with more than $218 billion in two-way trade and one of the highest foreign exchange reserves in the world. Tremendous prosperity on the island was accompanied by economic and social stability. Taiwan’s phenomenal economic development earned it a spot as one of the Four Asian Tigers.