Hacker News new | ask | show | jobs
by 394549 2878 days ago
> The US and others had looked the other way on China’s mercantilist actions in the past on a strategic gamble that China would slowly evolve into a more democratic state, with open markets, freedoms and rule of the law. This strategy had worked out well with South Korea and Taiwan as they made their transitions from poor dictatorships to wealthy democracies (and peaceful US allies).

One important difference is that both Taiwan and South Korea have been continuously dependent on US military protection from WWII until now.