He still doesn’t get it.
At the CSIS conference in March, one of the speakers said that the question is no longer “do we do business in country X?”, the question is “what parts of our business do we put in country X? what parts of our business do we put in country Y? what parts of our business do we put in country Z?” The way that business and commerce works is that you now have very complex and integrated transnational supply and logistic chains, and no part of these chains and remain “independent” of any other. If Taiwan tries to not get linked to Mainland China, what will happen and what has happened is that international capital will just bypass Taiwan.
And the particularly bad part is that political incompetence is destroying the natural geographical advantages that Taiwan has. Taiwan would make a *wonderful* base of operations for a business wanting to operate in southern Mainland China (even better than Hong Kong in some ways), if not for the political and economic incompetence of the people now running the island.