Between 1950 and 1965, Taiwan was the recipient of substantial financial assistance from the United States, totaling $1.5 billion in economic aid and an additional $2.4 billion in military support.^[55] This aid came to an end in 1965 when Taiwan had successfully established a robust financial foundation. Following this period of financial stabilization, ROC President Chiang Ching-kuo, the son of Chiang Kai-shek, initiated state-led endeavors like the Ten Major Construction Projects.^[56] These projects laid the groundwork for the development of a powerful economy driven by exports.