Its not really fair to compare PRC with Taiwan, they started off on completely different footings. From http://en.wikipedia.org/wiki/Taiwan:
"When the KMT government fled to Taiwan it brought the entire gold reserve and the foreign currency reserve of mainland China to the island, which stabilized prices and reduced hyperinflation.[citation needed] More importantly, as part of its retreat to Taiwan, the KMT brought the intellectual and business elites from mainland China.[63] The KMT government instituted many laws and land reforms that it had never effectively enacted on mainland China. The government also implemented a policy of import-substitution, attempting to produce imported goods domestically. Much of this was made possible through US economic aid, subsidizing the higher cost of domestic production."
China in 1949 just started baby booming after the war. I'm not saying whether Communism is better or worse, but it does tend to drive away those already in positions of wealth and power.
"When the KMT government fled to Taiwan it brought the entire gold reserve and the foreign currency reserve of mainland China to the island, which stabilized prices and reduced hyperinflation.[citation needed] More importantly, as part of its retreat to Taiwan, the KMT brought the intellectual and business elites from mainland China.[63] The KMT government instituted many laws and land reforms that it had never effectively enacted on mainland China. The government also implemented a policy of import-substitution, attempting to produce imported goods domestically. Much of this was made possible through US economic aid, subsidizing the higher cost of domestic production."
China in 1949 just started baby booming after the war. I'm not saying whether Communism is better or worse, but it does tend to drive away those already in positions of wealth and power.