You’ve heard of China’s so-called economic miracle.
But here’s the miracle Beijing doesn’t want you to notice — because it happened right across the street.
Taiwan quietly became the real economic miracle.
No censorship. No forced tech transfers. No trillion-yuan bailouts. No ghost cities or propaganda parades. Just a small, free island that turned democracy, discipline, and innovation into growth.
Today, as Taiwan has overtaken China as the market with the top weighting in a key emerging-markets stock index for the first time in nearly two decades, stocks at record highs, total market cap past $3 trillion — now the 8th largest stock market on Earth.
A nation of 23 million, smaller than a single Chinese province, with a market bigger than Germany’s and South Korea’s.
Taiwan didn’t steal its way up. It earned trust, built chips, diversified away from China, and thrived under constant pressure.
And Smart investors are voting with their money.
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