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

Post by matthewdgreen » Mon, Jan 11, 2021, 8:06 PM UTC

free_rms wrote: post #185

matthewdgreen wrote: post #93

Earlier quoted context omitted.

The question at issue here is whether RFE/RFA's reporting is known to be reputable. As far as I can tell, it is. (Funding a reputable journalistic organization is entirely consistent with "broadcasting the benefits of freedom", and doing the opposite would probably undermine those goals.) The person who started this thread is trying to discount an RFA report solely because of the source. That seems unwarranted.

RFE/RFA's reporting will never, ever, ever undercut US geopolitical interests.

Post by trianglem » Mon, Jan 11, 2021, 8:06 PM UTC

thewarrior wrote: post #30

xster wrote: post #3

Is it me or there's some cognitive dissonance going on with the whole article discussing the ramifications of a nationalization without describing at all what sourced this "news" in the first place? A cursory search seems to show this is a regurgitation on a sourceless Radio Free Asia article ( https://www.rfa.org/english/news/china/alibaba-probe-1225202... ) from December?

Radio free Asia has deep ties to US agencies. It isn’t really a credible source.

Post by klmadfejno » Mon, Jan 11, 2021, 8:06 PM UTC

whimsicalism wrote: post #168

cbozeman wrote: post #161

Earlier quoted context omitted.

Stock prices being up is a function of zero / near-zero percent interest rates and the injection of enormous amounts of capital into the system from the Fed just printing, literally, trillions of dollars. Capital has very few "good" places to be allocated at the moment - really for the past decade or so - and COVID-19 put everything into hyperdrive for the tech sector. Economics Explained on YouTube has a good video…

Apple's relative stock price has increased, so the general increase of equity prices doesn't explain this. Low interest rates means that people will search for yields elsewhere, it doesn't intrinsically mean they would settle on Apple outside of solid management.

Post by cambalache » Mon, Jan 11, 2021, 8:07 PM UTC

brabel wrote: post #171

marcinzm wrote: post #117

Earlier quoted context omitted.

>Who is praising the CCP's economic rise? A majority of Americans until relatively recently? China was seen favorably by most Americans until the last decade. An economic world power that we should strengthen relations with if polls are to be believed. For example: https://www.pewresearch.org/global/2020/10/06/unfavorable-vi...

We need to get things straight: everyone should praise the rise of Chinese people's living standards, which has been astonishing in the last 45 years or so, and has taken 850 million people out of poverty[0]! This is not something a reasonable person can argue against! The increase in human wellbeing in the whole planet has been almost entirely due to the Chinese in the last 50 years. That doest' mean we should prais…

Post by reaperducer » Mon, Jan 11, 2021, 8:08 PM UTC

zm262 wrote: post #111

SeanLuke wrote: post #99

Earlier quoted context omitted.

You're citing a news article from 1977 as your counterpoint?

RFA is still doing the same thing today. Technology has changed but their mission has not.