“Taiwan has a very unique position in East Asia. Taiwan’s economy cannot be completely dependent on China. Instead, it must cooperate closely with the United States and Japan to integrate and upgrade Taiwan’s technology and economy, and then transfer the digested technology to Southeast Asia and India. It is where the future of Taiwan lies.” This is the latest report from Voice of America.
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Terry Gou, the founder of Hon Hai Precision Industry Co., Ltd. and Foxconn, who is considered to be the “president” of Taiwan in 2024, visited the United States at a sensitive time on both sides of the Taiwan Strait. He made the above sensitive remarks-promoting the de-sinicization of the global industrial chain and giving the United States a check and balance on China. In addition, it will open up a broader overseas market for Taiwan.
The story begins on May 15, 2019, when the Trump administration ordered comprehensive sanctions on Huawei, a leader in 5G technology. “I got up at six o’clock this morning. All over the world, I saw the trade war intensified, and the technology war was also staged at the same time.” Guo Taiming realized that something was wrong at the time, so he publicly raised the alarm to Taiwan: “Our ordinary people did not see this time. A tsunami that will be bigger than the financial tsunami is coming, and the economic collapse caused by it is what I see.”
Originally, this Taiwanese factory, which held the largest share of American iPhone OEMs and produced in China, kept calm about the situation before. He believed that “China and the United States compete and Taiwan benefits.” According to his initial research and judgment, China cannot compete with the United States at all; Mo Speaking of the United States, Hon Hai and Foxconn have set up factories in the mainland to employ millions of jobs, which also makes the mainland have to give up three points. On July 3, 2019, the famous line “I’m feeding them food” broke out in the Zhongtian News talk show, which means that other Taiwanese businessmen have something to ask for the mainland market. I, Guo, are different. I am from the mainland. Master of rice!” At present, he has neither the Democratic Progressive Party nor the Communist Party of China (the authorities provide the most favorable treatment for setting up factories, which has facilitated the successful establishment of iPhone production in the mainland), only the Republican and Democratic parties in the United States. But Trump’s contest with China will ruin Guo Taiming’s major event.
The Chinese side did not make concessions to Trump, and launched tough countermeasures one after another, and followed the United States to the end. Only then did Guo Taiming realize that “the world is changing”, and the Sino-US contest will lead to a situation of One World and Two Systems. At this time, he accused the Tsai Ing-wen government of reacting Obtuse, lack of insight “The world’s economy will undergo drastic changes within months or even weeks, which will affect not only manufacturing and industry, but also stock prices, exchange rates, and small and medium-sized enterprises.” China and the United States are going their separate ways in the field of 5G, and each has its own set of standards, which will greatly affect the market.
If China makes concessions to the United States, he judges: “The Chinese market will not only open up in the future, but will open up earth-shatteringly”; The substantial increase in tariffs on China has forced most technology companies to relocate from China,” and the global industrial chain will also go out of China.
Guo Taiming is not blindly pessimistic. The stalemate between China and the United States is both a danger and an opportunity for Taiwan: the United States needs to restructure and establish an industrial chain. The most likely move is to hand over the production of technological products to Taiwan. Regional cooperation can make up for the lack of industrial chain migration. Taiwan has the opportunity to find business opportunities in the middle to do business and practice both ways. The worst possibility is that China and the United States have escalated from trade wars and technology wars to regional military conflicts. The South China Sea, Taiwan Strait, and East China Sea are in chaos.
As the competition between China and the United States continues to escalate into 2023, the crisis of war is already in sight. However, Guo Taiming has already turned to business and politics, and is competing for the 2024 “election”. His appearance may be regarded as a clear spring for China, the United States and Taiwan. The Democratic Progressive Party, which shuts down Taiwan independence, is not accepted by the mainland, while the KMT lacks energy. Gou has the energy to “give 1.4 billion people a bite to eat.” Is there any reason for the United States not to welcome and support this lucky star? With the United States as the “backer club” for the campaign, Guo Taiming can achieve great things. Of course, this is wishful thinking. Who knows how China, the United States and Taiwan will go in the future? The important thing is to know by then, it’s too late, isn’t it?
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