And this corroborated with what I read of KMT mainlanders being carpetbaggers exploiting the local Taiwanese.
Wikipedia
The
Kuomintang (KMT) troops from
Mainland China were initially welcomed by local inhabitants, but their harsh behaviour and the KMT maladministration led to Taiwanese discontent during the immediate postwar period. As Governor-General, Chen Yi took over and sustained the Japanese system of
state monopoliesin
tobacco,
sugar,
camphor,
tea,
paper,
chemicals,
petroleum refining,
miningand
cement, just the way the Nationalists treated people in other former Japanese-controlled areas (people nicknamed him robber "劫收").
[8] He
confiscated some 500 Japanese-owned factories and mines, and homes of former Japanese residents. Economic mismanagement led to a large
black market, runaway
inflation and
food shortages. Many commodities were compulsorily bought cheaply by the KMT administration and shipped to Mainland China to meet the
Civil War shortages where they were sold at very high profit furthering the general shortage of goods in Taiwan. The price of
rice rose to 100 times its original value between the time the Nationalists took over to the spring of 1946, increasing to nearly 4 times the price in Shanghai. It inflated further to 400 times the original price by January 1947.
[9] Carpetbaggers from Mainland China dominated nearly all industry, as well as political and judicial offices, displacing the Taiwanese who were formerly employed. Many of the ROC garrison troops were highly undisciplined, looting, stealing and contributing to the overall breakdown of infrastructure and public services.
[10]Because the Taiwanese elites had met with some success with self-government under Japanese rule, they had expected the same system from the incoming ruling Chinese Nationalist Government. However, the Chinese Nationalists opted for a different route, aiming for the centralization of government powers and a reduction in local authority.