ABSTRACT
Taiwan has achieved impressive economic growth from an agricultural state to produce the globes most advanced semiconductors. No less dynamic and exciting are the political developments on the island. Once a colony under the Dutch, Chinese and Japanese flags, the island has become quasi-autonomous. The abolition of martial law and the transformation into one of the world's most democratic nations are impressive. High education levels, an exceptionally well handling of the COVID-19 pandemic, and a non-corrupt government pushing future technology and supporting Taiwan's democratic path make Taiwan an attractive investment target. One look at the facts is enough to see that the Taiwanese are happy with their current system and enjoy great space. One country and two systems are not a good solution for Taiwan politically and economically. In principle, Taiwan has only one option: keep the status quo, minimize provocations against China, and hope for a diplomatic and acceptable outcome to the situation. At the same time, the government must promote itself in the free world and conclude free trade and other mutual exchange agreements.