What is considered "young"? If you consider 30 as young, then I wouldn't be so quick to say that there is more young talent in Tawain than in the Philippines.
Let's not forget that Alex and Dennis are still 29 years old. Manalo is also only about 30, same goes with Lee Van. Up-and-coming De Luna, who beat Yang in the Asian Games, is still in his early 20s.
Just because Reyes, Bustamante, Luat, Alcano, Gabica, and Kiamco continue to be successful past 35 doesn't mean that we should forget about the younger guard of Pinoys.
But back to the original subject...Yang is truly having a great year, but one can't win player of the year until he wins a tournament with a deep international field. Sure he dominated the Guinness Tour, but that was a field without the top Europeans and Americans, not to mention without Efren and Busty. Yang also failed to medal in the Asian games. We'll see how he does in the WPC before crowning him player of the year. But as of right now, I think he's the front-runner to win the award.