Young Generation Wary of Risk Erodes Taiwan’s Competitiveness

In Taiwan, people eager to escape poverty in the 1960's started many of today’s top companies, building a half-trillion-dollar economy along with a well-off society. Elders, however, are urging the next generation to stay safe by avoiding risk, a threat to the aggressive innovation that officials say Taiwan needs to remain competitive. In mid-October, Taiwan’s No. 2 negotiator to China warned that Taiwanese lacked aggressiveness and an enterprising spirit. He cautioned against being a...

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