121–123 of 123 posts
Spending months outside of Beijing in multiple island cities and seeing the empty buildings and 90% built infrastructure everywhere I don't doubt China will always be poised to userp American dominance, never actually do it, but always close.
It'd be interesting to be able to compare America and China through the lens of capitalism; at the moment I don't think China is transparent enough to really come up with anything meaningful. America is a lot less capitalist than it once was [0, 1] total government spending has gone from 10% GDP around the 1930 great depression (so, 9 private dollars for every public dollar) to about 30% post 1950 including State & L…
Earlier quoted context omitted.
Tencent and Alibaba are like those... and in many ways better.
They aren't international brands. Alibaba gets some traction outside of China for those who want to buy cheap Chinese goods, while Tencent has bought some foreign game companies, but otherwise no one outside of China really knows who they are.
also aliexpress is my go to store for electronic parts these days