EAST ASIAN AFFAIRS Taiwan and Japan look extinction in the face
Taiwan and Japan have much in common. Taiwan’s young people often follow trends in Japanese fashion and games. Both nations love baseball; in Japan, you will often see boys training in a baseball diamond etched into a schoolyard. Japanese companies helped kick-start Taiwan’s “economic miracle”. Both economies now rely on high-tech manufacturing to earn their way in the world. Taiwan Semiconductor Manufacturing Corp (TSMC) designs and makes chips for Apple. TSMC is a generation and a half in chip design ahead of its rivals in mainland China. Another thing that Taiwan and Japan have in common are stagnant birthrates that…
