In the 1980s, Japan's, South Korea's, and Taiwan’s massive fishing fleets gained notoriety for their destructive driftnet fishing. The use of giant driftnets, sometimes tens of kilometers long, threatened to turn the oceans into deserts. In 1989 the United States launched a high-seas sting operatio…
U.S. economic aid to Taiwan ceased in 1965. Mostly agrarian Taiwan needed to come up with new ways to make money... and it did! From manufacturing Barbie dolls to computers, here’s the story of what many call the island’s “economic miracle.”