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China’s tech sector is in the doldrums

economist.com

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Re: China’s tech sector is in the doldrums

#3
> By one count 48 million people in China lack sufficient drinking water. The number of people facing severe drinking water shortages doubled to 5.9 million in early 2008 because of a severe winter drought. China has more than a fifth of the world's population but only 7 percent of its fresh water.

Not from the article, but if there was a startup needed and one that could jump start their sector there, a significant problem to solve is clean water.

Re: China’s tech sector is in the doldrums

#4

Any time I see an article about China's tech doom I'm skeptical. Are there any solid, trustworthy sources for statistics on these matters? Where should I be looking for signal?

There was a similar report in qz https://qz.com/1562014/chinas-tech-giants-are-firing-people-... with links (mostly in Chinese) about layoffs in the Chinese tech sector.

The way I am reading it, what the article is getting at is specifically tech unicorns are in trouble, either that they are not making the money they require or getting the investments they once had. Doesn't exactly mean a 'tech doom', but I would say these are worrying signs.

Re: China’s tech sector is in the doldrums

#5
post #3

> By one count 48 million people in China lack sufficient drinking water. The number of people facing severe drinking water shortages doubled to 5.9 million in early 2008 because of a severe winter drought. China has more than a fifth of the world's population but only 7 percent of its fresh water. Not from the article, but if there was a startup needed and one that could jump start their sector there, a significant…

What's China's position when it comes to desalination? I'd expect they have massive desalination plants along their large coast.

Re: China’s tech sector is in the doldrums

#6
post #3

> By one count 48 million people in China lack sufficient drinking water. The number of people facing severe drinking water shortages doubled to 5.9 million in early 2008 because of a severe winter drought. China has more than a fifth of the world's population but only 7 percent of its fresh water. Not from the article, but if there was a startup needed and one that could jump start their sector there, a significant…

This is an infrastructure problem. A startup isn't going to solve this.

Between lack of water and unsafe water, I'm not sure that the proportion in the US is much different.

Re: China’s tech sector is in the doldrums

#7
post #3

> By one count 48 million people in China lack sufficient drinking water. The number of people facing severe drinking water shortages doubled to 5.9 million in early 2008 because of a severe winter drought. China has more than a fifth of the world's population but only 7 percent of its fresh water. Not from the article, but if there was a startup needed and one that could jump start their sector there, a significant…

What's China's position when it comes to desalination? I'd expect they have massive desalination plants along their large coast.

Apparently there are desalination plants, but they are not cost-competitive with other freshwater sources, so only industrial developments that are required to provide their own water supply use them. https://www.technologyreview.com/s/601861/chinas-massive-eff...

Re: China’s tech sector is in the doldrums

#8
post #3

> By one count 48 million people in China lack sufficient drinking water. The number of people facing severe drinking water shortages doubled to 5.9 million in early 2008 because of a severe winter drought. China has more than a fifth of the world's population but only 7 percent of its fresh water. Not from the article, but if there was a startup needed and one that could jump start their sector there, a significant…

Unrelated, but interesting in this context: Michael Burry, one of the guys who predicted 2007 housing bubble (and made good money thanks to that), is investing in water. Looks like he might be right again.

Re: China’s tech sector is in the doldrums

#9

Any time I see an article about China's tech doom I'm skeptical. Are there any solid, trustworthy sources for statistics on these matters? Where should I be looking for signal?

All western, liberal media sources refuse to publish anything that paints China in a good light. I think it is because the US is falling behind while China is pushing forward. However, China media sources are as completely bias as western sources, only in the opposite direction. I suspect reality is some where in the middle.

Re: China’s tech sector is in the doldrums

#10
post #6
post #3

> By one count 48 million people in China lack sufficient drinking water. The number of people facing severe drinking water shortages doubled to 5.9 million in early 2008 because of a severe winter drought. China has more than a fifth of the world's population but only 7 percent of its fresh water. Not from the article, but if there was a startup needed and one that could jump start their sector there, a significant…

This is an infrastructure problem. A startup isn't going to solve this. Between lack of water and unsafe water, I'm not sure that the proportion in the US is much different.

> This is an infrastructure problem. A startup isn't going to solve this.

Opportunity in the Himalayas. Bottle the snow melt rivers flowing in unbelievable blue before they turn shitbrown.

Did Steve Jobs get cancer in China from drinking contaminated water?

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