Any non-Chinese company that insists on tying its fortune to the Chinese market is taking on tremendous risk. The goal posts are always changing , you need to constantly worry about IP theft, you can easily get on the wrong side of the government, and they strongly protect local interests. Investment is welcome, but as soon as you actually start making a lot of money and recouping your investment some barrier of sort…
Beijing is banning all foreign media from publishing online in China
141–150 of 275 posts
Re: Beijing is banning all foreign media from publishing online in China
#142Earlier quoted context omitted.
echoing what vpalan2 said below: "If I wanted to do massive, irreparable harm to China, this is the law I would pass. And yet, they have done this willingly to themselves, without hesitation or incident." These aren't the smart engineering politicians with a 10 year view China has foisted its fable onto the world. These are the corrupt paranoid politicians who know they are one mass protest away from having all their…
Your quote compares the combined wealth of Chinese politicians with the median wealth of American politicians. That's a misleading statistic if I ever saw one.
Re: Beijing is banning all foreign media from publishing online in China
#143Any non-Chinese company that insists on tying its fortune to the Chinese market is taking on tremendous risk. The goal posts are always changing , you need to constantly worry about IP theft, you can easily get on the wrong side of the government, and they strongly protect local interests. Investment is welcome, but as soon as you actually start making a lot of money and recouping your investment some barrier of sort…
Not entering the market is also a risk. Say you're an app developer and you don't publish your app on Chinese app stores, chances are someone else will do it anyway and steal the revenue. Good luck finding it and getting it taken down. (Off course chances are it'll still be stolen even if you publish it yourself there)
Re: Beijing is banning all foreign media from publishing online in China
#144Maybe they got tired of having banned content mirrored by un-blocked IP ranges and constantly having to hunt them down.
Re: Beijing is banning all foreign media from publishing online in China
#145Earlier quoted context omitted.
My brother in law lived there for years and claims that the general sense is that if the leadership can't maintain at least 5-10% GDP growth forever they will lose favor. People there are very unsatisfied with the government but they're also afraid of revolution. Paranoia seems a good description of the government's mentality.
> People there are very unsatisfied with the government but they're also afraid of revolution. Sounds like the west. Yet we're too fat, lazy and complacent to do anything. Bernie and Trump are achieving some success because of this, but in the end Hillary will win (possibly through some sort of shenanigans), continue towards Obama and the establishment's police state, and once again the people will lose. It's funny h…
Who exactly, among the politicians and leaders, or anyone else for that matter, would you be willing to follow into battle?
A revolution has a huge cost, it's not just a matter of fear.
Re: Beijing is banning all foreign media from publishing online in China
#146Earlier quoted context omitted.
- Devalue Yuan by 50%. Don't like it, Apple? tough Actually, I think Apple would love that. Decreases their manufacturing costs. :)
Potentially 50% decrease in sales in their 2nd largest market though? That sounds really rough...
And many other things would go up in price with a depressed currency in general.
Re: Beijing is banning all foreign media from publishing online in China
#147Seems absurdly broad, if this article is correct. Doesn't this basically mean Chinese would be unable to read or view anything we can? Including this site? With the exception of Chinese published/created information.
Re: Beijing is banning all foreign media from publishing online in China
#148Re: Beijing is banning all foreign media from publishing online in China
#149China's leadership seems to be becoming more paranoid. Yet China has no serious external enemies other than the ones they make for themselves, the economy is stressed a bit but production is in great shape, and the standard of living has been rising for years. Why?
Because the west has been stepping up propaganda. I remember 5 years ago, most outlets had very pro-China things to say. Now it's undoubtedly taken a very negative turn. Daily stories about China's impending economic collapse, their various 'crackdowns', and so on. Even this article. To be honest, half of the stuff they want to ban isn't even allowable in Canadian media (literally, 3 out of 6 bullet points are strait…
"endangering social morality or national cultural tradition" could probably even include publishing anything upsetting or otherwise true about the party.
Re: Beijing is banning all foreign media from publishing online in China
#150Earlier quoted context omitted.
Coverage has taken a negative turn because events have taken a negative turn. Growth is weakening. Shares have fallen sharply. Exports are down. And they're doing things like this.
It's funny, I see this all the time in the media. Yet observers whose opinions I trust far more, have differing thoughts. http://www.goldmansachs.com/our-thinking/macroeconomic-insig... And of course, China's stock exchange is holding steady now, around their long term growth average. It was overvalued before, now it's corrected, and definitely hasn't crashed.
Goldman Sachs lies to people who pay them millions, and you think that anything they publish for free is reliable? http://www.rollingstone.com/politics/pictures/how-goldman-ex...
Any report from Goldman Sachs is designed to advance Goldman Sachs' interests. Any resemblance to reality it might hold is sheer coincidence.