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See the reactions to this post and those from PH Internet usage. I just cannot ignore the stark stereotype contrast...
Could you explain? I don't get what's stark, nor the stereotypes about reactions.
In other news, protests in Hong Kong over Chinese tourists. "We don’t want your money: Chinese shoppers told to spend cash elsewhere by frustrated Hongkongers who just want some peace and quiet" https://www.scmp.com/news/hong-kong/hong-kong-economy/articl... Also, Bloomberg is really the worst with clickbait titles.
In other news, protests in Hong Kong over Chinese tourists. "We don’t want your money: Chinese shoppers told to spend cash elsewhere by frustrated Hongkongers who just want some peace and quiet" https://www.scmp.com/news/hong-kong/hong-kong-economy/articl... Also, Bloomberg is really the worst with clickbait titles.
peace and quiet... HK? Well, haters take their own shares. However HK cannot make money from peace and quiet to make it sustainable. According to Wikipedia ( https://en.wikipedia.org/wiki/Economy_of_Hong_Kong#GDP[45] ), Tourism is 5% of the GDP and I believe a big chunk of that is contributed by people from mainland.
Earlier quoted context omitted.
peace and quiet... HK? Well, haters take their own shares. However HK cannot make money from peace and quiet to make it sustainable. According to Wikipedia ( https://en.wikipedia.org/wiki/Economy_of_Hong_Kong#GDP[45] ), Tourism is 5% of the GDP and I believe a big chunk of that is contributed by people from mainland.
I highly doubt if it's only 5%. A mainlander goes to HK, buys Rolex and new iPhone. Wears the Rolex and switches to the new iPhone. Goes back to mainland without declaring anything. How do these numbers end up in official statistics for tourism? Or it could be the other way round: HK resident buys Rolex and iPhone, sells in mainland thus making money.
I still remember there was an article about the largest human made DDoS attack on the China Railway Ticket System. When you literally have few hundred million people all trying to access the system at midnight. The ticket system was at one point built on Ruby Rails, but I think it quickly moved to something else before moving to Go.
This article has some examples: https://www.techinasia.com/chinas-train-ticket-site-image-ca...
Other than the captcha, the site works well, although it's not pretty.
That's amazing. I always assumed that the Hajj to Mecca was the largest.
Earlier quoted context omitted.
peace and quiet... HK? Well, haters take their own shares. However HK cannot make money from peace and quiet to make it sustainable. According to Wikipedia ( https://en.wikipedia.org/wiki/Economy_of_Hong_Kong#GDP[45] ), Tourism is 5% of the GDP and I believe a big chunk of that is contributed by people from mainland.
I highly doubt if it's only 5%. A mainlander goes to HK, buys Rolex and new iPhone. Wears the Rolex and switches to the new iPhone. Goes back to mainland without declaring anything. How do these numbers end up in official statistics for tourism? Or it could be the other way round: HK resident buys Rolex and iPhone, sells in mainland thus making money.
I highly recommend the documentary Last Train Home. It follows a Chinese family - the parents leave their children in their rural village to go off in search of work. They make the annual trip back to see them for Chinese New Year. The film captures the awesome scale of the migration and its cultural importance, as well as the social impact of China's urbanization. It's really devastating.
I have seen this documentary a few years ago and still think about it on a monthly basis or whenever someone refers about Chinese workers. Really impactful.
The governments are different though. And China's problem of keeping everyone employed and having bright enough futures that they won't revolt is far greater and more urgent than the US's, it doesn't mean the US doesn't have the problem. A lot of the reason for wage stagnation in the US is because profits were diverted and invested in China to help growth there. The profits from those ventures ended up staying in China where it fueled a boom, but even then it was only a fraction of what is needed to get everyone employed in jobs with future growth potential. If it slows enougb to start failing, it has the potential, with so many people, to be pretty nasty.
I think China is a pretty fascinating place, with definite problems, but still pretty fascinating.