The charming and quick-witted author and lawyer Gordon Chang (章家敦) will give a speech — China’s Faltering Economy, Historic Leadership Transition and New Strategic Arc — on Sunday at Taipei’s Ting Ting Tsuei Yu (婷婷翠玉), a restaurant near Da-an District’s Far Eastern Plaza Hotel.
Space for the talk is limited, and it is advisable to contact organizer Jerome Keating, jkeating@ms67.hinet.net, for a seat.
Chang, an outspoken critic of China and regular contributor to Forbes and the World Affairs Journal and the author of The Coming Collapse of China, was particularly vocal throughout the Sunflower movement’s occupation of the legislature and Hong Kong’s democracy protests. He continues to maintain his long-held view that China’s economy is on the brink of collapse, something which he is not afraid to express in lectures around the world and on news channels like CNN, Fox News and the BBC.
Photo courtesy of Gordon Chang
‘SMALL TAIWAN,’ BIG IMPACT
In a Forbes article published earlier this month, Chang discussed how Chinese tourists were visiting Japan to purchase higher quality home products such as toilet seats. They were even clearing the shelves of products that were made in China, trusting that Japanese buyers were more inclined to choose top-of-the-range merchandise, Chang argued.
Japan may be the playground for China’s wealthy, but Taiwan has something more valuable to offer. As Chang tells the Taipei Times, they are visiting Taiwan for less tangible reasons.
“They come for food, scenery and those things they can find only in a free society, like lively commentary on television and books of all varieties,” Chang says.
“The citizens of the world’s largest autocracy love freedom, and they find it everywhere in small Taiwan,” he adds.
Taiwan may lack the “gargantuan architecture” China has, but the vibrancy found on the streets, Chang says, “is what’s missing in the grandiose People’s Republic.”
Taiwan, he says, has been influencing China for decades by way of soft power and culture. Taiwanese elections in particular, have given the Chinese — especially those who are politically aware — some sense that they too, can self-govern.
Chang says that it’s important to draw a distinction between ordinary Chinese citizens and the Communist Party. Although he believes that Taiwanese and Chinese harbor few misconceptions towards each other — something which others may beg to differ especially when seeing Chinese tourists crowd the Taipei 101 or the National Palace Museum — it’s a different story when it comes to China’s government.
AN ELECTION THAT SHOCKED
Beijing was shocked with the results of last year’s nine-in-one elections, Chang says.
“It was inconceivable that Taiwan’s people, whom they wrongly consider to be ‘Chinese,’ could ever vote against economic integration with the People’s Republic,” Chang says.
“It doesn’t matter how many fact-finding missions Beijing’s officials make to Taiwan — they just don’t get it,” he says.
While Taiwan may have the capacity to change the minds of Chinese citizens, it’s unlikely that Taipei will be able to affect any meaningful change in the upper echelons in Beijing.
However, China may have bigger domestic problems to worry about. Chang says China’s economy is headed for a “historic crisis” since debt is accumulating faster than it is growing.
President Xi Jinping (習近平), Chang says, is undoing reforms from previous decades and “recreating Maoist-inspired monopolies by combining already mammoth state enterprises.”
Chang maintains that if China is to avoid an economic crash, it has to grow faster and reform. The problem, he says, is that “further reform would threaten the Communist Party’s hold on power, so it will not sponsor change of that sort.”
Chang adds that “the Chinese economy has gone just about as far as it can within the confines of the Communist Party’s framework.”
That US assistance was a model for Taiwan’s spectacular development success was early recognized by policymakers and analysts. In a report to the US Congress for the fiscal year 1962, former President John F. Kennedy noted Taiwan’s “rapid economic growth,” was “producing a substantial net gain in living.” Kennedy had a stake in Taiwan’s achievements and the US’ official development assistance (ODA) in general: In September 1961, his entreaty to make the 1960s a “decade of development,” and an accompanying proposal for dedicated legislation to this end, had been formalized by congressional passage of the Foreign Assistance Act. Two
March 31 to April 6 On May 13, 1950, National Taiwan University Hospital otolaryngologist Su You-peng (蘇友鵬) was summoned to the director’s office. He thought someone had complained about him practicing the violin at night, but when he entered the room, he knew something was terribly wrong. He saw several burly men who appeared to be government secret agents, and three other resident doctors: internist Hsu Chiang (許強), dermatologist Hu Pao-chen (胡寶珍) and ophthalmologist Hu Hsin-lin (胡鑫麟). They were handcuffed, herded onto two jeeps and taken to the Secrecy Bureau (保密局) for questioning. Su was still in his doctor’s robes at
Last week the Democratic Progressive Party (DPP) said that the budget cuts voted for by the China-aligned parties in the legislature, are intended to force the DPP to hike electricity rates. The public would then blame it for the rate hike. It’s fairly clear that the first part of that is correct. Slashing the budget of state-run Taiwan Power Co (Taipower, 台電) is a move intended to cause discontent with the DPP when electricity rates go up. Taipower’s debt, NT$422.9 billion (US$12.78 billion), is one of the numerous permanent crises created by the nation’s construction-industrial state and the developmentalist mentality it
Experts say that the devastating earthquake in Myanmar on Friday was likely the strongest to hit the country in decades, with disaster modeling suggesting thousands could be dead. Automatic assessments from the US Geological Survey (USGS) said the shallow 7.7-magnitude quake northwest of the central Myanmar city of Sagaing triggered a red alert for shaking-related fatalities and economic losses. “High casualties and extensive damage are probable and the disaster is likely widespread,” it said, locating the epicentre near the central Myanmar city of Mandalay, home to more than a million people. Myanmar’s ruling junta said on Saturday morning that the number killed had