> China is not growing a hothouse developmental state.
Don't take my word for it. SilStrat has lots of material on the social engineering of East Asia's manufacturing muscle (free login required):
http://www.siliconstrategies.com/
> Taiwan's developmental state has also been hollowed out from within and
> without.
The silicon press says, Taiwanese chip firms are moving plant and equipment to China while retaining high-end design/software functions at home. Taiwan is also accumulating vast trade surpluses.
-- DRR