Earlier quoted context omitted.
It will be interesting to see what a mass exodus of investment money leaving China does to their economy and geopolitics. Edit: If
1. Why would there be a mass exodus, any shareholder board will fire a C-suite that gives up selling to the world's fastest growing market / building in the world's most capable manufacturing market. Expecting one is just wishful thinking. Boards and executives tend to care about the bottom line, and very rarely about political grandstanding. 2. Even if there were a mass exodus (Which won't happen, because #1), the f…
China releases a five-year regulation blueprint for broader crackdown
21–30 of 115 posts
Re: China releases a five-year regulation blueprint for broader crackdown
#22I take a much dimmer view of this. Xi knows that climate change is coming and its going to be really bad. One of the issues coming from climate change is food shortage. Food shortage is going to cause riots in US, Canada, and EU for sure. Just based on the vaccine protests/riots, imagine what will happen when rationing is introduced. He's going to crack down hard and control the population, so when the inevitable com…
Xi is just trying to centralize party control over the country, and solidify his grip on it. This is very common in dictatorships, take North Korea for example.
Re: China releases a five-year regulation blueprint for broader crackdown
#23Earlier quoted context omitted.
USSR followed the same path when their citizens grumbled about liberalization. State owned enterprises are now seizing power from private companies and foreign entities. Pretty soon you are going to see replays of USSR SoE dominance such as lack of innovation, bread lines, inefficient operation, and corruption. It seems xi jing ping did not fully study the downfall of USSR after all.
This analogy works on a few levels, but not in others. One key differences between the USSR and China is that the USSR did not have a close economic relationship with the U.S., nor an economy near parity to the U.S.'s. There might be a decline of Chinese power, but it will not take a similar path, imo.
Agreed that it’s not exactly the same scenarios. However US is actively disengaging from China. And as far as economy parity I think that may never be as China is on a downward trajectory while US is going up. And lots of china’s numbers are fabricated.
Re: China releases a five-year regulation blueprint for broader crackdown
#24I have a fairly dim view of China's ethics and respect for human rights, and so tend to suspect the worst; however, the hyper-competition in China's production industries has led to product ecosystems rife with unsafe materials (e.g. lead), and other cut corners. Now that many Chinese are able to purchase the things they produce, I can imagine that safety regulations are starting to be demanded by the public, and tha…
USSR followed the same path when their citizens grumbled about liberalization. State owned enterprises are now seizing power from private companies and foreign entities. Pretty soon you are going to see replays of USSR SoE dominance such as lack of innovation, bread lines, inefficient operation, and corruption. It seems xi jing ping did not fully study the downfall of USSR after all.
The causes of the downfall of the USSR seems to always line up with whatever political angle the writer has. Leftwing can point to a lack of (political) liberalization or poor planning, rightwing can point to not going further on (economic) liberalization. It's a topic that is really valuable to think tanks based on their politics and their donor's politics.
Re: China releases a five-year regulation blueprint for broader crackdown
#25I take a much dimmer view of this. Xi knows that climate change is coming and its going to be really bad. One of the issues coming from climate change is food shortage. Food shortage is going to cause riots in US, Canada, and EU for sure. Just based on the vaccine protests/riots, imagine what will happen when rationing is introduced. He's going to crack down hard and control the population, so when the inevitable com…
Global warming will be good for crops if anything.
Not saying it’s a good thing overall of course.
Re: China releases a five-year regulation blueprint for broader crackdown
#26Earlier quoted context omitted.
USSR followed the same path when their citizens grumbled about liberalization. State owned enterprises are now seizing power from private companies and foreign entities. Pretty soon you are going to see replays of USSR SoE dominance such as lack of innovation, bread lines, inefficient operation, and corruption. It seems xi jing ping did not fully study the downfall of USSR after all.
The causes of the downfall of the USSR seems to always line up with whatever political angle the writer has. Leftwing can point to a lack of (political) liberalization or poor planning, rightwing can point to not going further on (economic) liberalization. It's a topic that is really valuable to think tanks based on their politics and their donor's politics.
Most people in the West (both left and right-wing) thought the USSR was much more economically productive than it actually was, and that the populace was more supportive of the regime than was the case. The Chinese learned very valuable lessons from the USSR, namely that liberalization is very dangerous for a regime; North Korea has done much worse (economically) than the USSR, but is very politically stable.
I am not sure how earlier political liberalization could have saved the USSR, which was essentially a (communist) imperialist dictatorship.
Re: China releases a five-year regulation blueprint for broader crackdown
#27Earlier quoted context omitted.
USSR followed the same path when their citizens grumbled about liberalization. State owned enterprises are now seizing power from private companies and foreign entities. Pretty soon you are going to see replays of USSR SoE dominance such as lack of innovation, bread lines, inefficient operation, and corruption. It seems xi jing ping did not fully study the downfall of USSR after all.
I've been hearing from pundits that the collapse of China is around the corner for the past 25 years, and I have yet to see why I won't be hearing about it for the next 25.
You will not hear that because all non-sino people will be wiped out by a race-targeted virus.
The Alpha version leaked, unfortunately, giving us glimpse on where they are going with the research, won’t happen again.
For those who thinks my comment is outlandish: we are talking about the country that literally has concentration camps, forceful sterilization and thought police among other things.
Re: China releases a five-year regulation blueprint for broader crackdown
#28I take a much dimmer view of this. Xi knows that climate change is coming and its going to be really bad. One of the issues coming from climate change is food shortage. Food shortage is going to cause riots in US, Canada, and EU for sure. Just based on the vaccine protests/riots, imagine what will happen when rationing is introduced. He's going to crack down hard and control the population, so when the inevitable com…
Global warming will be good for crops if anything. Not saying it’s a good thing overall of course.
If you take it as a simple additive 2°C increase in temperature sure, if you instead trust the models predicting significantly more unstable weather on both ends of the temperature spectrum then not so much.
Re: China releases a five-year regulation blueprint for broader crackdown
#29I take a much dimmer view of this. Xi knows that climate change is coming and its going to be really bad. One of the issues coming from climate change is food shortage. Food shortage is going to cause riots in US, Canada, and EU for sure. Just based on the vaccine protests/riots, imagine what will happen when rationing is introduced. He's going to crack down hard and control the population, so when the inevitable com…
Global warming will be good for crops if anything. Not saying it’s a good thing overall of course.
Not if there’s no water. Half of China already has shortages.
Re: China releases a five-year regulation blueprint for broader crackdown
#30Earlier quoted context omitted.
It will be interesting to see what a mass exodus of investment money leaving China does to their economy and geopolitics. Edit: If
1. Why would there be a mass exodus, any shareholder board will fire a C-suite that gives up selling to the world's fastest growing market / building in the world's most capable manufacturing market. Expecting one is just wishful thinking. Boards and executives tend to care about the bottom line, and very rarely about political grandstanding. 2. Even if there were a mass exodus (Which won't happen, because #1), the f…
India is the fastest growing market.
Capable manufacturing doesn’t matter when automation can be reshored, when there are shipping delays and pricing spike, when labor costs are rising fast.
Not sure why we are discussing validity of exodus when public companies have already reported mass exodus of manufacturing from China.