The Chinese get pissed off at political statements Americans find innocuous. Europeans are angry over the dominance of American tech companies which they are unable to control. Americans are panicked at the very idea of anybody non-Western being associated with any technology they use, as we saw with FaceApp and 5G. This was all inevitable, and it's going to lead to siloed-off, separate internets for every region in…
The China Cultural Clash
61–70 of 379 posts
Re: The China Cultural Clash
#62Earlier quoted context omitted.
> We've all accepted the incredibly one-sided deal, in some kind of idealistic hope that the Chinese would latch on to "western" values of democracy etc just by trading with us To expand on this, the history of economic and democratic development were thought to go hand in hand. Not only had it borne out in Western Europe, it also showed traction in post-war Japan and India. So the hypothesis, that a wealthier China…
> So the hypothesis, that a wealthier China would be a more stable, more democratic China wasn't insane. I think the jury is still out. China has a long way left to develop and a huge populace still toiling without the benefits of that wealth. And some of the ways the economic development has happened are IMO temporarily and not durable. > There was legitimate hope it would think and plan for the long term. With a di…
The Winnie the Pooh thing is amusing because we like watching powerful people be insecure about childish things.
The dirtier side is senior CCP members using the country's wealth for personal gain to a level not seen since the Soviet Union [1].
[1] https://www.telegraph.co.uk/news/worldnews/asia/china/936509...
Re: The China Cultural Clash
#63Earlier quoted context omitted.
Not the world vs China, it has always been the West vs China, European leaders' "zero sum" mentality has made it an economic target for the better part of 2+ centuries. Please don't include the majority of the world that is benefiting from a new benevolent economic actor on the block.
You're considering China to be a new benevolent economic actor? Can you explain what behavior you consider "benevolent"?
They provide access to loans from an alternative world bank at competitive rates with less strings attached.
Adding depth/liquidity to global markets is beneficial to participants.
Re: The China Cultural Clash
#64Re: The China Cultural Clash
#65Earlier quoted context omitted.
Note that Cook became CEO because of his logistics and operations work in China, so there is a lot of legacy to go on. Apple assembles iPhones in Brazil and I believe India now, but these are mostly for high tariff reasons. Much of what goes into an iPhone isn’t made in china (and what is made in China can easily be made elsewhere), but they are mostly made in east Asia, so having assembly done somewhere in the regio…
But they don't own any factories, right? Wouldn't it destroy Foxconn and only defer revenue a bit for Apple? Maybe a few people who just gotta have the newest, latest, and greatest gadget will switch to a Flagship android because they can't wait for the new iPhone. But most people are pretty loyal / trapped into their mobile ecosystem. I doubt it would materially affect Apple's market share or their revenue long-term…
They might not even have to do that... from what I understand, they are working with Foxconn to move some production out of China. Both companies can benefit from spreading some of the political risk around.
Re: The China Cultural Clash
#66The Chinese get pissed off at political statements Americans find innocuous. Europeans are angry over the dominance of American tech companies which they are unable to control. Americans are panicked at the very idea of anybody non-Western being associated with any technology they use, as we saw with FaceApp and 5G. This was all inevitable, and it's going to lead to siloed-off, separate internets for every region in…
Every large organization has firewalled its internet protocol networks for decades. It's incomprehensible why some thought nations wouldn't do so as well.
The primary purpose of this is to enforce security for connections. Not every large organization employs content filtering, and those that do mostly only enforce a minimal standard of what is acceptable for work.
Re: The China Cultural Clash
#67For what it's worth, I know of multiple Chinese companies that are themselves moving manufacturing overseas, primarily to South East Asia. I'm not convinced that the multinationals have nowhere else to go.
Re: The China Cultural Clash
#68I see lots of Anti-China sentiment. I would be very careful here into not falling into their deliberate trap of making "The West" China's "Enemy". China in its current totalitarian form needs an "Enemy" to survive, without it, it has to deal with difficult internal questions which will force it to adapt and change - and this what scares them. Totalitarian governments rely on distraction and misdirection of the popula…
Re: The China Cultural Clash
#69Re: The China Cultural Clash
#70Attempts by China to leverage market access into self-censorship by U.S. companies should also be treated as trade violations that are subject to retaliation. Thank you, Ben, for this honest appraisal which involves sticking out your neck and perhaps even harming your ability to travel to China or expand your business. Regarding this comment about Apple: And then there is Apple: the company is deeply exposed to China…