Earlier quoted context omitted.
During Swine Flu outbreak in 2009 china closed it's borders to Mexico, but turns around and says it's unfair when people close their borders to china. Then proceeded to close their borders AGAIN. facepalm
No one has to listen to the CCP. The CCP acts offended by everything.
Japan to fund firms to shift production out of China
171–180 of 464 posts
Re: Japan to fund firms to shift production out of China
#172Earlier quoted context omitted.
I personally enjoyed the hypocrisy of China initially requesting Nations to not "overreact" and close borders to its travelers (mid February), then proceeding to do exactly this towards these same nations (mid March) when things became worse overseas.
I don't think it's hypocrisy. At the time the vast majority of the cases in China were in Wuhan and Hubei, which had been put on lockdown with airports closed, but the rest of the country has much fewer cases. No country imposed full ban on travels with countries that had the number of cases seen in China outside Wuhan/Hubei. Whether this was the right or wrong decision to make is another issue. The same discussion c…
Re: Japan to fund firms to shift production out of China
#173Earlier quoted context omitted.
> The irony, it's the very definition of economic liberalism and what led to the current paradigm, globalism. It doesn't mean it's the only path to a global economy. > The pandemic is only global because trade is global and people can easily travel between countries. The pandemic wouldn't be anywhere near as severe if there was a coordinated global response. > the solution is to take back western industrial force fro…
> The pandemic wouldn't be anywhere near as severe if there was a coordinated global response. You mean if China didn't lie at the beginning of the pandemic, that's with these people you want to associate?
Re: Japan to fund firms to shift production out of China
#174Just today telsa sold 10000 cars in the Shanghai factory in March and Tesla stock jumped as result. I have a feeling that with Europe and US in continue lock down, China is going to support a huge number businesses. Looking at a number of Western business, all cite china has a very important market. Everyone of them earned a ton of money from that market. Some manufacturing will leave china, but if business want to a…
Great firewall of China. No Freedom of Speech or Religion. Ethnic Cleansing Camps. Militarizing the South China Sea. Massive corporate espionage operations. Claiming Taiwan is a breakaway island.
War is peace. Freedom is slavery. Ignorance is strength
Re: Japan to fund firms to shift production out of China
#175Earlier quoted context omitted.
Nations exist to protect it's citizens. So yeah, as they should, each country is prioritizing their own needs before exporting any surplus to other countries. The challenge is no one really has any idea how much of the supplies they actually need. It's interesting to me that you find this surprising or view it as bad behavior.
> It's interesting to me that you find this surprising or view it as bad behavior. It's not surprising in the sense that it fits the definition of a "nation state". It's surprising because one would think that in XXI century, people understood that global problems require global coordination; competition of selfish actors fails spectacularly in such cases.
Re: Japan to fund firms to shift production out of China
#176Earlier quoted context omitted.
It is difficult to compete with a strategic program like "Made in China 2025". We'll see. I'd guess, no change - the subsidy program in China will remain largest and most competitive, market will seeks subsidies of the largest program. The externalities, like the single point of failure that you've pointed out, will be ignored.
The subsidies from Made in China 2025 won't be going to foreign companies since it's supposed fund Chinese companies and domestic innovation so they can have replacements for foreign tech IP. There should be no reason for the international market to think they can get some of that money.
Re: Japan to fund firms to shift production out of China
#177Earlier quoted context omitted.
We heard about it just before Xmas time in Singapore. Basically that there was another SARS outbreak in china. It was definitely known before the 26th.
Well doesn't the fact that they mention "SARS" confirm that they didn't know it was a new virus? COVID-19 is not SARS. It's less lethal but far more contagious. SARS would not have been such a big issue because it doesn't spread as easily.
In early December China thought it was SARS. They found out later it was Wu Flu. Doesn’t change the fact they knew sooner than you claim.
Re: Japan to fund firms to shift production out of China
#178Earlier quoted context omitted.
I will also have to disagree on that one. I was born in China, I now live in Europe, and "CCP doesn't give a shit about people" is a bad western stereotype. Of course, define "caring". Does any other government, including democratic ones, truly care about people? Debatable. But what I'm saying is that CCP is not the mass-murdering villain that Hacker News makes it out to be. What about censorship, etc? Yes bad things…
Agree but not the good hero you make them out to be either. Does any other nation have Muslim concentration camps. Invasive tracking? And extreme sensorships measures?
Re: Japan to fund firms to shift production out of China
#179Earlier quoted context omitted.
That's true, but at the same time, it shows the need for a global government to coordinate responses to global problems like this pandemic.
A global government would have led to a more uniform response, but arguably that's exactly what we don't want in a crisis like this. Each nation was able to react differently, and those different responses have provided us the closest thing we have to controlled experiments. Those experiments have allowed us to understand the spread of this disease better.
Re: Japan to fund firms to shift production out of China
#180Earlier quoted context omitted.
If resources are truly scarce, then competition means most players won't survive - whatever resources they manage to hoard for themselves won't be enough for their needs. Cooperation means more will be saved. (A simple thought experiment: imagine there are 10 equally capable competitors, each needing 2 units of resources to survive, and there are only 10 available globally. Under cooperation, 5 competitors will need…
If you can figure out how to turn off the part of people’s brains that wants to avoid them being part of the 5 to be sacrificed, you will have created world peace. Otherwise, this is what peaceful cooperation looks like (I’ll give you this in exchange for that, where obviously the one with more desireable goods or services to trade will survive).
Most cultures have very strong social mores that sanction against hoarding or even general unwillingness to share. It's not THAT beyond the pale. What makes it hard is when society becomes disconnected enough, and community bonds get weak enough that social mores no longer bind behavior.