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Menino80
Joined: 10 Jun 2007
Location: Hodor?
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 Posted: Tue Feb 22, 2011 7:55 pm Post subject: Hub of Asia---->Taiwan? |
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http://www.chinapost.com.tw/taiwan-business/2011/02/20/291787/ECFA-driving.htm
I think this ECFA is going to be huge. I'm not exactly sure how this works, but Taiwan is going to be able to piggy back on China for FDI.
This is a good overview of Taiwan, if a bit promotional:
http://www.aei.org/video/101384 (good info around 8:00)
Also, and this is huge, Taiwan has surpassed Japan to now have the highest per capita GDP in Asia (not counting the Mob Lawyer that is Singapore).
Historically Taiwan has always had low level of FDI, although comparable on a % basis with Korea and Japan, two nations with full diplomatic recognition, so expect that to go up drastically. I think that this ECFA is probably one of the biggest developments in Asian security and economic interdependence since 1949. |
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northway
Joined: 05 Jul 2010
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| Posted: Tue Feb 22, 2011 9:54 pm Post subject: |
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| More EFL jobs please. |
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NohopeSeriously
Joined: 17 Jan 2011
Location: The Christian Right-Wing Educational Republic of Korea
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| Posted: Tue Feb 22, 2011 10:00 pm Post subject: |
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China needs those quality Taiwanese business brains to help each other.
The future looks extremely bright for China and Taiwan.  |
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visitorq
Joined: 11 Jan 2008
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| Posted: Tue Feb 22, 2011 11:40 pm Post subject: |
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| Menino80 wrote: |
| Also, and this is huge, Taiwan has surpassed Japan to now have the highest per capita GDP in Asia (not counting the Mob Lawyer that is Singapore). |
GDP per capita (2010):
(IMF figures) - Taiwan: $18,303 - Japan: $42,325
(CIA figures) - Taiwan: $18,500 - Japan: $42,500 |
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Menino80
Joined: 10 Jun 2007
Location: Hodor?
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| Posted: Wed Feb 23, 2011 4:38 am Post subject: |
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| PPP baby, Taiwan is 35,100-34200 for 2010. |
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visitorq
Joined: 11 Jan 2008
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| Posted: Wed Feb 23, 2011 5:06 am Post subject: |
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PPP means pretty much nothing if you're talking about international trade (or being a "hub" of anything).
Anyway, I've nothing against Taiwan (in fact I'm all for it), but to claim the material living standard there is on par with Japan is a bit much... Taiwan has some very good companies, but in the larger scheme of things is hardly a "powerhouse". Just to put it into perspective, the GDP of metropolitan Tokyo alone is more than double that of Taiwan. |
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Poker
Joined: 16 Jan 2010
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| Posted: Wed Feb 23, 2011 5:36 am Post subject: |
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I have family from Taiwan. ECFA is misleading, it will tie us closer to China economically but it is only good for the big corporations. Policies like that will never allow Taiwan to become a "hub" of anything because all it does is it makes it easier and cheaper for Taiwanese companies to move their operations over to China. In the long run this is not a good thing for Taiwan. Cheap China imports will also flood the Taiwan market.
Oh and one loses all credibility when putting Taiwan ahead of Japan in terms of data related to economic strength. South Korea, a few decades back, were bottom of the "Asian Tigers", now they are ahead of Taiwan. You don't see people comparing Korea and Japan on economic strength. The reason is because the Japanese are still miles ahead! Even with their decade long recession. |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Wed Feb 23, 2011 6:44 am Post subject: |
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| Quote: |
| I think that this ECFA is probably one of the biggest developments in Asian security and economic interdependence since 1949. |
Taiwan, China, Korea and Japan are deepening their economic relationships and this is no doubt a good thing. You're right to exclude Singapore, though Singaporeans joke that they'd like to attach a tug boat to the island and drag it up dead center between ROK/JP/ROC/PRC.
From the article:
| Quote: |
| Lin told reporters that most of the Japanese firms they visited expressed great interest in cooperating with Taiwanese enterprises to jointly develop the mainland Chinese market, making Taiwan virtually their springboard for tapping into markets in mainland China and Southeast Asia. Some also noted that as Taiwan's economic climate has improved remarkably, they are planning to upgrade their branch offices in Taiwan to subsidiaries to expand their investments on the island. |
We're seeing the development of a East Asia trading block. This agreement will lead to trade agreements between between the states. The trade agreements will be in the form of preferential mercantilism (the spaghetti string model of trade). |
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Menino80
Joined: 10 Jun 2007
Location: Hodor?
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| Posted: Wed Feb 23, 2011 8:36 am Post subject: |
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| Poker wrote: |
Oh and one loses all credibility when putting Taiwan ahead of Japan in terms of data related to economic strength. South Korea, a few decades back, were bottom of the "Asian Tigers", now they are ahead of Taiwan. You don't see people comparing Korea and Japan on economic strength. The reason is because the Japanese are still miles ahead! Even with their decade long recession. |
PPP per capita GDP and strength are not the same thing. Singapore has a very high per capita income but I don't see many people talking about it's "strength". Population obviously counts. |
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Poker
Joined: 16 Jan 2010
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| Posted: Wed Feb 23, 2011 11:42 pm Post subject: |
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| Menino80 wrote: |
| Poker wrote: |
Oh and one loses all credibility when putting Taiwan ahead of Japan in terms of data related to economic strength. South Korea, a few decades back, were bottom of the "Asian Tigers", now they are ahead of Taiwan. You don't see people comparing Korea and Japan on economic strength. The reason is because the Japanese are still miles ahead! Even with their decade long recession. |
PPP per capita GDP and strength are not the same thing. Singapore has a very high per capita income but I don't see many people talking about it's "strength". Population obviously counts. |
But the title and opening statement of this thread leans towards what I had said. Maybe you should have made it clearer what the point was that you were trying to put across. Economically, a "hub" of anything implies "strength". |
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Menino80
Joined: 10 Jun 2007
Location: Hodor?
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| Posted: Thu Feb 24, 2011 5:07 am Post subject: |
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OK, let's see some literature on that claim then.
Hub implies centrality. |
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Poker
Joined: 16 Jan 2010
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| Posted: Thu Feb 24, 2011 9:26 am Post subject: |
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| Menino80 wrote: |
OK, let's see some literature on that claim then.
Hub implies centrality. |
Lol, ok this is my last post here, it's not something I want to be arguing over. What you are saying is that because Taiwan is approximately in the center of China, Korea, Japan, Singapore, that it can be called the hub because it may be a link to all of them. Ok maybe.
But your opening statement had ECFA as a basis for your reasoning. It is an economic framework policy between China and Taiwan, therefore I deduced that your hub was meant in economic terms where Taiwan actually becomes stronger. Because by including ECFA, you are trying to say that Taiwan could be the HEARTBEAT OF ECONOMIC ACTIVITY in Asia. That kind of hub. Basically implying "strength" in the Taiwanese economy. Maybe I worded my previous post wrongly, I just took the meaning of hub within the context of your opening statement. Peace |
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TECO
Joined: 20 Jan 2003
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| Posted: Sat Feb 26, 2011 3:07 am Post subject: |
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Taiwan is really, at least in terms of geography, more the true "Hub of Asia" than either Korea, Hong Kong or Thailand that claim the title.
It is a great jumping off point for travel to Japan / Korea or the way over to S.E. Asia.
As far as EFL jobs go, not a very lucrative place to go and TEFL right now - maybe not even in the long-term. Salaries are still very low in Taiwan. the pollution in Taiwan is also very serious.
For quality of life, first world conditions, and salary I would rank Japan as number one TEFL destination, followed by Korea and then Taiwan. Chinese TEFL salaries are still lower than those in Taiwan but there are more jobs in China now offering much higher salaries. Vietnam is also a developing TEFL market and salaries are becoming more competitive - but many people would not like to live there.
While Taiwan may be the true "Hub of Asia" it's not a great choice for a TEFL career. |
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Nowhere Man
Joined: 08 Feb 2004
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| Posted: Sat Feb 26, 2011 8:31 am Post subject: ... |
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Pragmatically, if you factor in the cheapness of shipping non-perishable goods by road or rail on a massive continent, any island country trying to be a "hub" is kind of a joke.
Bangkok has no competitor is SEA as the hub (it even looks that way in terms of air travel if you include traffic from the ME).
I think the Far East hub hubbub commenced before the China "hype" was truly factored in.
Beijing and Bangkok.
Between the two?
Hong Kong. |
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TECO
Joined: 20 Jan 2003
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| Posted: Sun Feb 27, 2011 4:21 am Post subject: Re: ... |
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| Nowhere Man wrote: |
Pragmatically, if you factor in the cheapness of shipping non-perishable goods by road or rail on a massive continent, any island country trying to be a "hub" is kind of a joke.
Bangkok has no competitor is SEA as the hub (it even looks that way in terms of air travel if you include traffic from the ME).
I think the Far East hub hubbub commenced before the China "hype" was truly factored in.
Beijing and Bangkok.
Between the two?
Hong Kong. |
Bangkok - Good point!
I haven't looked at the data, but Hong Kong and Bangkok seem like reasonable choices for that label.
But, from a jumping off point, Taiwan is a good location to live and teach EFL if one wishes to explore S.E. and N.E. Asia on his or her down time. It's just that the salaries are so low - and the taxes so high, in Taiwan. |
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