The recent “499 Chaos” ultimately proves no laughing matter given that it has its roots in the poor salaries faced by Taiwanese and the dominance of major Taiwanese industries by a small number of powerful companies...
Alarm in the past week regarding planned hikes in toilet paper prices in Taiwan has been bizarre, leading to a consumer panic in which entire stores have been sold out of toilet paper. But while humorous, the panic points to structural issues regarding dominance of the market by large conglomerates and the low salaries paid to Taiwanese workers which would lead them to panic about price increases...
