Why is Taiwan more successful than China?

Taiwan is a full-fledged capitalist country in all major respects. It has a formidable neighbor next door, rattling its weapons. Geographically, Taiwan is obviously not in the center of major trade routes. It has neither oil nor gold. But the political, economic, and cultural elite of at least three generations has had the knowledge, will, and perseverance to follow the free market path. In this video, we will explain how Taiwan became richer, more successful, and more developed than communist China.