121–130 of 271 posts
The real story, there and here, is one of large corporations using whatever means they can, including their friends in local government, to increase their own power.
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> It seems to me that China outplayed the West here by a wide margin. Don't worry, the game is not over yet. >For some reason, the West has let China get away with extremely protectionist trade policies the likes of which no one else in the world would dare even attempt. Yes. But this could be changed by Trump in one day. (Sorry, I know that this is an extremely liberal board). Chinese don't believe in win-win. They…
> Why? Because a lot of their decisions are irrational and it is extremely difficult to have an opponent that does irrational decisions. So if I make business decisions via ouija board or in a cocaine induced rage, I'll have a leg up?
http://lesswrong.com/lw/dc7/nash_equilibria_and_schelling_po...
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Don't forget the USA's ace in the hole for brewing civil unrest in other countries: Hollywood. (I'm being mordant here; not advocating for international psy-ops.) American media project a depiction of life that is very attractive by design, and this raises expectations among consumers of this media. If Chinese people were not aware of the lifestyles of westerners, the Chinese government would be under less pressure t…
I just saw the new Star Wars -- cofinanced by (e:) Alibaba films. In it, one of the moral cruxes of the main story was that the crew needed 'Unity'. I saw this as a subtle shift from american 'Freedom'. There's a point where some 'good guys' are being held prisoner. In any red-blooded American Hollywood Film, this would lead to 'GIVE US OUR FREEDOM' type resistance. In this movie, it led to 'WE NEED UNITY' resistance…
The West and China are playing a global chess game and have been for some time. An impoverished China was not in the West's interests and so they agreed to buy all kinds of lowish tech Chinese made goods. In return most jurisdictions enforced a balance of trade with China, with the exception of the US. On their end China insisted on joint ventures and technology transfer to the extent Western companies would comply.…
> China ended up with last generate tech we are way past that point. China has leap frogged pretty much everyone else in every aspect. It took China less than a year to build the worlds fastest supercomputer (unclassified) after US placed restrictions on related technology exports to China. China was building components for supercomputers over the past decade, they would show case a network, a small processor, coolin…
It is quite historic on its own, but the utility isn't quite what you might expect.
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Tell them: Look, you can play around with your currency in whatever way you want. But if the trade balance is not balanced, we charge a 10% import tax. Per day. Cumulative. I think there are many countries that can produce cheap shoes, clothes and electronics. By now all this stuff can already be manufactured in the US again due to automation and robotics (see Adidas producing shoes in Germany AGAIN). This would be a…
I always wonder who are the idiotic supporters of trump and what were they thing? Now I found one. So trump raises 10% import tax, how will that affect prices and the economy. You are such a genius. The world is a dangerous place because of people like you with half brains.
I really dislike this tone of China acting fundamentally badly. It's their country, they can do whatever the heck they want. If they want a local replacement for everything already existing outside of Chine, so be it. If you just let established big players have all the cake, chances for success of local competitors become pretty slim. Stealing trade secrets if of course not okay, but that is more of a theoretical ar…
"stealing of trade secrets [...] is more of a theoretical argument" I just wanted to point out this pretty amazing sentence.
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It seems to me that China outplayed the West here by a wide margin. For some reason, the West has let China get away with extremely protectionist trade policies the likes of which no one else in the world would dare even attempt. I think this was a combination of fear that isolating China vs creating a high degree of economic interdependence could lead to war down the line, and a lack of control over Western companie…
Why is it a problem if China develops a higher GDP than the US. Its not a problem for the people. It might be a problem to politicians that want to tell a story, but wishing china to do worse economically is truly backwards. If china comes out with better technology than the us, better products and services, cheaper and all that, the whole world gets better. If you dont believe that, then you must for the sake of con…
I really dislike this tone of China acting fundamentally badly. It's their country, they can do whatever the heck they want. If they want a local replacement for everything already existing outside of Chine, so be it. If you just let established big players have all the cake, chances for success of local competitors become pretty slim. Stealing trade secrets if of course not okay, but that is more of a theoretical ar…
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Oh, really? https://www.theguardian.com/business/2016/jun/16/chinas-debt...
Yes. http://data.worldbank.org/indicator/NY.GDP.MKTP.CD?end=2015&...
Don't you think that GDP per capita would be a better indicator, perhaps?
http://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?end=20...
I wish more countries would support their own brands as much as China.