Start of American Aid to Taiwan

The initiation of American aid to Taiwan marked a pivotal shift in the economic and military landscape of the region. From the early 1950s to the mid-1960s, Taiwan received substantial support from the United States, amounting to $1.5 billion in economic aid and $2.4 billion in military assistance. This influx of resources was crucial for Taiwan as it sought to stabilize its economy and enhance its defense capabilities amid regional tensions. The aid facilitated infrastructure development, industrial growth, and the establishment of a solid financial base, which were essential for Taiwan's subsequent economic transformation. By the mid-1960s, Taiwan had made significant progress, leading to the cessation of American aid as the island nation became more self-sufficient and capable of sustaining its own economic and military needs.