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China's booming middle class is creating world's most dynamic consumer market

economist.com

11–20 of 76 posts

Re: China's booming middle class is creating world's most dynamic consumer market

#11
post #6

What is the potential for enterprise software in China?

Having your software stolen after they request a 30 day trial.

That's the Far East for ya. We gave a Korean company a 30-day evaluation copy of our software in the early '90s. They decided not to purchase, and a few years later we dropped the product entirely.

In 1999 someone from the Korean company called up and asked if we could certify our software to be Y2K compliant.

Re: China's booming middle class is creating world's most dynamic consumer market

#12
post #7

It seems to me the article written by a Lobbyists of CCP before Xi's visit

Or it could be just telling the truth.

Telling the truth?

Until Aug,2015 about 276 lawyers who help Chinese people protecting their human right have been arrested. But China still claim it is a country under the rule of law.

Another example is that recently an official media of China claim that China is the most democratic country in the world.

CCP is evil, never trust it!!!!!

Re: China's booming middle class is creating world's most dynamic consumer market

#13
post #12
post #7

Earlier quoted context omitted.

Or it could be just telling the truth.

Telling the truth? Until Aug,2015 about 276 lawyers who help Chinese people protecting their human right have been arrested. But China still claim it is a country under the rule of law. Another example is that recently an official media of China claim that China is the most democratic country in the world. CCP is evil, never trust it!!!!!

Nothing you said contradicts anything written in the article. In fact it's basically a completely different topic. If someone wrote an article about the American economy it wouldn't be contradicted because you can denounce the American government or criminal justice system.

Re: China's booming middle class is creating world's most dynamic consumer market

#14
post #12
post #7

Earlier quoted context omitted.

Or it could be just telling the truth.

Telling the truth? Until Aug,2015 about 276 lawyers who help Chinese people protecting their human right have been arrested. But China still claim it is a country under the rule of law. Another example is that recently an official media of China claim that China is the most democratic country in the world. CCP is evil, never trust it!!!!!

From where do you get the ridiculous claim that human rights and the rule of law are preconditions for economic prosperity? There are many unfree yet rich countries, i.e. Singapore.

Re: China's booming middle class is creating world's most dynamic consumer market

#18
post #12

Earlier quoted context omitted.

Telling the truth? Until Aug,2015 about 276 lawyers who help Chinese people protecting their human right have been arrested. But China still claim it is a country under the rule of law. Another example is that recently an official media of China claim that China is the most democratic country in the world. CCP is evil, never trust it!!!!!

From where do you get the ridiculous claim that human rights and the rule of law are preconditions for economic prosperity? There are many unfree yet rich countries, i.e. Singapore.

A person who pretend to be asleep cannot be waken up (你永远唤不醒装睡的人)

Re: China's booming middle class is creating world's most dynamic consumer market

#19
Anne Stevenson-Yang, a journalist and software executive who's worked and lived in China since 1985, and now a research director at an investment capital firm, has this to say about China's GDP: "actual Chinese GDP is probably a third lower than is officially reported"

http://www.barrons.com/articles/anne-stevenson-yang-why-xi-j...

"China is sinking into a deflationary recession that’s increasing in speed and may take some time to run its course. Investors have lost faith in the property market, which alone comprises about 20% of GDP, when taking into account the entire supply chain, from iron-ore production to construction to related financial services and appliance sales. Employment and wage compensation will suffer. Consumption will continue to suffer. There’s even an outside possibility that China’s economic miracle could end up in a fiery crash landing, if a surge in banking-system loan defaults outruns government regulators’ attempt to contain such a credit crisis and restore financial confidence."

She has a good video about China's economy here: https://www.youtube.com/watch?v=C2SStFt-k_A

Re: China's booming middle class is creating world's most dynamic consumer market

#20
post #18

Earlier quoted context omitted.

From where do you get the ridiculous claim that human rights and the rule of law are preconditions for economic prosperity? There are many unfree yet rich countries, i.e. Singapore.

A person who pretend to be asleep cannot be waken up (你永远唤不醒装睡的人)

In this case, it's more like: "A person being paid 50 cents[0] to pretend to sleep cannot be woken up".

[0] https://en.wikipedia.org/wiki/50_Cent_Party

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