this post was submitted on 13 Jan 2024
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PRC is Taiwan's largest trading partner (2022 data). And According to this Reuter's article from a few days ago, China is also Taiwan's number one destination for investment. So I suppose it's not surprising that the ruling class has connections to Chinese money and industry.
I guess in some ways, this is similar to the US and China as trading partners, even though they're geopolitical rivals. Obviously Taiwan has a lot more to fear than the US does if things go south, but I wonder how much Taiwan-PRC economic ties play a role in preventing an outbreak of hostilities.
Though people said the same thing of Russia, especially after 2014 and look how that turned out. Of course, China isn't Russia. So maybe it does help.