51–60 of 112 posts
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You don't have to join the party here - just throw a few $1000 at a fundraising dinner to get the guy offering the biggest tax breaks elected.
> just throw a few $1000 at a fundraising dinner to get the guy offering the biggest tax breaks elected. I'm confused. Are we talking about China or Taiwan?
“We see too many worried entrepreneurs nowadays who are afraid that they would end up in prison for offending Chinese officials,” You gotta be kidding me, most of the richest Chinese ARE the Chinese officials!! If they do end up in jail, it has much more to do with them accumulating their wealth illegally by abusing their power, than say, publicly posing a middle finger to Mr. Hu.
This article looks like just another typical heavily biased manipulative CNN crap, which throws in some data at first to make it believable, and then hijacked the real reason behind the data, adding their own interpretation. Reading CNN's news on China is just like reading Fox's news on Obama.
The trend is definitely true, but it's been there since day one when there began to have "rich Chinese". This CNN post made it sounds like, suddenly the rich Chinese worry about them being killed or end up in jail, because they oppose the chinese government? This is laughable. “We see too many worried entrepreneurs nowadays who are afraid that they would end up in prison for offending Chinese officials,” You gotta be…
The trend is definitely true, but it's been there since day one when there began to have "rich Chinese". This CNN post made it sounds like, suddenly the rich Chinese worry about them being killed or end up in jail, because they oppose the chinese government? This is laughable. “We see too many worried entrepreneurs nowadays who are afraid that they would end up in prison for offending Chinese officials,” You gotta be…
What do you recommend reading to find out more about what's really going on in China/South-East Asia?
As for traditional media, the Economist does tend to be relatively neutral, and not adding too much of their own "secret ingredients". But that's just my own opinion.
One quarter of China’s top 1000 richest people obtained their wealth from property, compared to less than 10% among the world’s 1000 richest, the report says. Are they comparing the top-1000 richest people in China to the top-1000 richest people in the world? That's not a very good comparison. It's like comparing the top-1000 students from a single college, to the top-1000 students from every college in the entire wo…
This is not necessarily a bad thing for China or a good thing for countries that want these millionaires. I bet after migration many of these millionaires migrate will establish companies that connect with sources inside China for outsourcing. In an economic sense, the millionaires are very much Manchurian candidates.
In Canadian cities like Toronto and Vancouver, you see this very clearly. Many chinese people are technically in Canada, but they never really left their home country. They create a small subcity with its own economy, and huge ties to the homeland. A great deal of them never learn English because they don't have a need for it.
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A lot of it stays in China. Officials may have a large unofficial income source (or two), which they spend on wine, women, and Karaoke (none of which officially existed, just like the money they used to pay for it, so there's no explaining to do); or food (you'll never meet a Chinese who won't think a good $500 meal isn't worth it). Or they channel some to their spouse. A few big fish will grab a staggeringly huge am…
That's only 7.5 million per corrupt official, which is about the cost of the houses they buy in Shaughnessy, North Vancouver and Point Grey.
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In Canadian cities like Toronto and Vancouver, you see this very clearly. Many chinese people are technically in Canada, but they never really left their home country. They create a small subcity with its own economy, and huge ties to the homeland. A great deal of them never learn English because they don't have a need for it.
Maybe for one generation, but I have two great friends who are the children of these types, and they are as American as anyone.
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China's had little to do with communism for decades now. Your statement is both true and unfitting to the thread here. The truth is that the current governing policies of the Communist Party of China (CPC) are not doctrinaire communism, in the Marxist-Leninist sense, but rather "socialism with Chinese characteristics," as that party officially labels those policies. But the key political point, and the key motivation…
That's all true, but doesn't seem particularly "communist" in a relevant way--- that was also true of Greece under the junta, or Spain under Franco. Wouldn't it be more accurate to just call China an authoritarian or one-party state? Heck, even "socialism with Chinese characteristics" is a bit of an anachronism these days, and the people who take the old conception of it seriously are seen as left-wingers within the…
Perhaps in some academic sense. On the other hand, can you name a single national experiment with communism that didn't become authoritarian? There are certainly plenty of ugly examples.