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China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

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101–110 of 371 posts

Re: China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

#101
post #38

Article looks fishy. But if China goes down this route, it looks like fears of China economically overtaking the US are overblown.

Xi Jinping played his hand early.

They needed a slow burn to achieve world domination, but he's much too eager.

Re: China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

#102
post #61

Earlier quoted context omitted.

> The discourse about China, misunderstandings about how the Chinese systems functions It functions like a dictatorship functions. The dictatorship of the party. > And it's actually a huge problem for the West that both government and citizens do not engage China seriously. The West will mostly separate production within about a decade or two. It‘s not a problem at all.

Do you have any sources to support the claim that the West will separate production within a decade or two?

My reading of the news in the last year or so and connecting the dots. I‘m not the only one saying it of course.

Re: China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

#103

I was thinking about nationalization separately from this. The west has invested a lot into the Chinese economy hoping to translate the corresponding equity into growth. I wonder if the Chinese are really long term interested in honoring the equity. Meaning - take the money now, grow the businesses and the economy and then at some point say "It's stupid that we're letting foreigners have 20% (or whatever) ownership o…

> The west has invested a lot into the Chinese economy hoping to translate the corresponding equity into growth Chinese people are jointly invest in that venture, by (not limited to): * Sacrifice family and personal time, by hundreds of millions of passent migration workers. * Sacrifice health and life quality, even today 996 still a norm, and you can imagine what have been since the opening up * Environment, early p…

> As such, I do welcome campaign like the poverty elimination [1].

Which is inits entirety a propaganda campaign. I have peers from all across China, poorest parts included. All what 6 people saw were a photoshoot, and a potemkin village.

Re: China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

#104
In a different time with a hardline conservative government we would see moves being drawn in the sand to prevent this kind of power domination by China. But neither Biden nor Trump have any incentive in drawing boundaries on CCP.

I never thought I’d wish for bigger hawks in the white house.

Re: China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

#105

Earlier quoted context omitted.

I am most surprised about how surprised everyone is about these events. Did Jack Ma think he was going to tell the CCP how it is? China is executing an executive for bribery and corruption [1] (a lot of bribery and corruption though!). Perhaps it's simply the Overton Window [2] delta between the US and China. [1] https://www.dw.com/en/china-sentences-ex-banker-to-death-for... [2] https://en.wikipedia.org/wiki/Overton…

> Did Jack Ma think he was going to tell the CCP how it is? Yes, I did actually. There's every reason to believe that the people installed to run Alibaba / Ant after Jack gets sent off to "re-education camp" will be unable to propel it to further heights. Stagnation is likely as good as it'll get and there's every reason to believe it'll be run into the ground eventually. I see Jack Ma as a sort of Chinese Elon Musk…

>(he could literally just liquidate a portion of his wealth and have someone else elected in your place through campaign contribution)

That's a HUGE over exaggeration. Yes money matters, but only so much and it very much matters where that funding comes from. That's why McConnell still has a job despite his opponent spending three times as much. People knew that money was coming from outsiders trying to unseat him. Bezos or some other billionaire trying to pour an ungodly amount of money into a political campaign is more likely to backfire than help.

Re: China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

#106
post #77

Earlier quoted context omitted.

NYTimes seems to disagree: https://www.nytimes.com/1977/12/26/archives/worldwide-propag...

That article is 44 years old. RFA isn't part of the CIA. It's part of U.S. Agency for Global Media. From Wikipedia: an independent agency of the United States government which operates various state-run media outlets.[2] It describes its mission, "vital to US national interests", to "inform, engage, and connect people around the world in support of freedom and democracy"[3] and in accordance with the "broad foreign p…

Of course it would not be officially part of the CIA... that would be idiotic.

Re: China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

#107

Earlier quoted context omitted.

That article is 44 years old. RFA isn't part of the CIA. It's part of U.S. Agency for Global Media. From Wikipedia: an independent agency of the United States government which operates various state-run media outlets.[2] It describes its mission, "vital to US national interests", to "inform, engage, and connect people around the world in support of freedom and democracy"[3] and in accordance with the "broad foreign p…

That’s literally the definition of propaganda. Why is it so difficult for Americans to believe that the US engages in a war of propaganda against countries it labels as “adversaries”? [1] [1] https://foreignpolicy.com/2013/07/14/u-s-repeals-propaganda-...

No one said that the U.S. doesn't engage in propaganda. But RFA News isn't it.

Why is it so difficult for Americans to believe

Suggesting that "Americans" suffer from a lack of introspection reveals your own biases. 350 million people. 350 million different worldviews.

Re: China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

#108
post #95

Guo Wengui said back in September 2019 that "Jack Ma would be jailed or killed" on Kyle Bass's youtube channel. [1] At this point its not even a question of whether we will see Jack Ma in public again. Overnight he went from billionaire to peasantry. We've seen dozen cases like this: 1) Billionaire disappears or is "killed" 2) Billionaire's company becomes nationalized 3) Rinse & Repeat Everybody who isn't familiar w…

> As much as people in the West praise CCP's economic rise

Who is praising the CCP's economic rise? The American consensus as far as I can tell is that we need to shut them out and push them into decline.

The West should brain drain the best and brightest from China.

Re: China CCP to Nationalize Jack Ma's Alibaba and Ant Group – Report

#110

Earlier quoted context omitted.

The RFA references Song Qing, "Internet finance industry insider": "These nationalizations are definitely happening, and [the antitrust investigation] will likely speed up that process," Song said. "It's also, I think, about making an example of [Ant and Alibaba]." So I would trust the article as much as I would trust Song Qing.

So I would trust the article as much as I would trust Song Qing. What does that mean in this context? What do you know about Song Qing that the rest of us don't that makes him untrustworthy? A quick search didn't come up with anything. Do you have an informative link?

What do you know that makes him trustworthy? This is just a rumor spread by a single person at the point. Not very substantial at all.

About as believable as when Sally at work says there's layoffs coming - but she's the receptionist.

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