Technically, technically, all Taiwanese are chinese for chinar and all chinese are ROC nationals for TW.
After that no clue what u r talking about, no idea how a prohibition on direct CNY-TWD conversion would do anything, u just route twdusd and then usdcny.
Oh yes, may be convenient for awhile on some secondary markets to exchange to RMB. But just imagine if this yearâs rate to exchange to RMB is attractiveâŚluring people to hedge and put money in RMBâŚmeanwhile the Taiwan economy in a tailspin. The NTD value will plummet against all currenciesâŚspeed to exchange your NTD is paramount.
Never heard of the taiwanese compatriot permit âtaibaozhengâ?
Tbh, as long as TW keeps exporting, there will be demand for TWD. So there must be a military cohercive action to stop exports, like a blockade. Luring with attractive FX rate not seeing it as a cohercive measures and that effective.
The two parties swing back and forth, with Yoon and the conservatives leaning to the US. It is possible though that the obnoxious wolf warrior approach taken by Beijing in Korea may put an end to this wobbling!
If China makes the attempt, what will follow is a humiliating defeat for China. The PRC will become the Former Peopleâs Republic of China, splitting into a dozen or more countries under the interim control of New NATO. The irony will be that with the defeat and collapse of the CCP, it will once again be a good opportunity to manufacture in Former China, with a more competitive market in Asia. Businesses will return in droves due to many years worth of prior infrastructure investments (if the CCP doesnât sabotage everything on their retreat. The economy will grow dramatically during this period - spurred by the easing of present inflationary policies.
Then there will be Nuremberg-type trials for the CCP leadership, and the world will rejoice.
According to surveys they somehow made China more disliked than Japan, which is an almost Herculean task considering how much Koreans hate the Japanese.
None of the Japanese people I socialize with here in Japan have the slightest desire to go to war with China over Taiwan. Donât know if itâs true but one friend told me at lunch the other day that a recent poll found 11% of Japanese people are in favor of war if China attacks Taiwan.
Good luck if youâre counting on Japan to defend Taiwan:
A full 80% of the 3,000 adults interviewed by the Asahi Shimbun daily newspaper recently expressed concern that Japan would become caught up in the conflict if Beijing were to attack Taiwan in an effort to unify it with the Chinese mainland.
Political analysts and members of the public from across Japanâs political spectrum said they were ânot at all surprisedâ at the outcome of the poll.
It is widely expected that the US would go to Taiwanâs aid in the event of any such assault. The government in Tokyo, which is at present presiding over a massive increase in arms spending, has in the past stated that a Chinese invasion of the island would pose a critical threat to Japan too, as it would leave Beijing in control of the sea lanes used to transport 90% of the nationâs energy needs and 60% of its food supplies.
Tokyo has not explicitly stated that it would commit ground, air or maritime units to help fend off any Chinese attack; but soaring defense spending and the upgrading of Japanâs naval and air capabilities, in particular, indicate that the military is preparing itself.
Rear-echelon support for US forces only
The increased expenditure has triggered a domestic debate on what Japanâs role might be in a conflict, with 56% of those polled by Asahi saying that the Japan Self-Defense Forces (JSDF) should be limited to providing rear-echelon support to US forces, such as assistance with fuel, food and medical aid, as well as logistics. Just 11% said the Japanese military should join forces with the US to repel the invasion.
â Japan: Public reluctant to defend Taiwan should China invade â DW â 05/11/2023