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China releases a five-year regulation blueprint for broader crackdown

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71–80 of 115 posts

Re: China releases a five-year regulation blueprint for broader crackdown

#71
post #63

Earlier quoted context omitted.

> they really are keen on annoying investors aren't they. i wonder for how long tencent and the other conglomerates will obey these orders They will obey as long as the state has power, which will be for the far foreseeable future. The Chinese government has been smart enhance its power by keeping its domestic businesses in a strictly subordinate position and creating an environment were foreign businesses cooperate…

> Apple has no "plan B," it's China all the way for them I know many people who work, or worked for Apple on the hardware side. I assure you, Apple has "plan B," and it been trying executing on it relentlessly for the last 2 years — just without any success. Vietnam's total electronics industry output is like a single district in Dongguan. The supply chain is very, very immature there, despite it already towering abo…

Samsung stopped mobile phone production in China since 2019. They are heavily in Vietnam.

Apple is just doing something wrong is all.

Re: China releases a five-year regulation blueprint for broader crackdown

#72

Earlier quoted context omitted.

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.

more warm weather AND more rain, crops on average will do better.

Extreme weather variations aren't good for crops. Consistency is.

Re: China releases a five-year regulation blueprint for broader crackdown

#73

Earlier quoted context omitted.

The USSR economy did pretty well under Stalin, especially during the Depression that affected the west. Khrushchev deprioritized capital expenditures and that was the beginning of the end. Similar story in the DDR around the time of Stalin's death.

No, that is completely wrong that the USSR economy did well during the depression. https://en.wikipedia.org/wiki/Holodomor There are many other sources / economists who will support that, wikipedia is just the fastest. Stalin's government did do a great job of ramping up industrial production before and during WW2.

Both Victor's, and your point is completely incorrect.

The point is, whatever survivor's of thirties tell, thirties were a terrible time, even if they were living in a relatively well off Moscow.

That's the only truth, not that of lunatical historians which have nothing, but digits to look on, and imagining things well knowing that pretty much nothing in official economics documents from USSR' reflected reality.

Stalin, and his industrial proves is another busted for 100th time trope, straight out of original propaganda. A thing glaringly obvious to any Russian citizen who had at some time a surviving relative who went through that time, but not to people who purposefully keep returning to it for search of their worldview validation "alternative facts"

Re: China releases a five-year regulation blueprint for broader crackdown

#74

Earlier quoted context omitted.

explicit goal is actually the opposite and it's likely not just empty words. If you've done business in China as a foreigner over the last few years the court system in particular has actually become more reliable and noticeably quicker. It used to be way more arbitrary and chaotic about ten-ish years ago.

I want to say something glib here but straightfaced I will ask if you are referring to reliably improving the speed and efficiency of the courts' 99.965% [1] conviction rate because that's a number that makes some of my softwares vendors' SLAs look rickety in comparison to. [1] https://www.chinajusticeobserver.com/a/what-is-the-convictio...

I'm referring to my personal experience of working in China over the last decade and having come in contact with IP law related issues frequently.

I'm also not at all sure what some statistic about conviction rates in criminal cases has to do with the quality of litigation, arbitration, IP law and the commercial court system. This is a real "I just pulled a random number from Google" take

Re: China releases a five-year regulation blueprint for broader crackdown

#75
post #66
post #47

Earlier quoted context omitted.

Selective enforcement is a feature, not a bug, of authoritarian systems

In what way is it different from prosecutorial discretion practiced in the West?

The west usually does not:

> Arrest people who report freely on a unjust case

> Arrest & incarcerate the lawyer of the accused

> Forces the accused, by threatening his family, to confess to crimes on video

> And then lifestream those confession videos to the world as "evidence"

> The western government do not have much control over their "justice" systems as in, they can not turn on & off cases as they feel

(Although they wish they have, and they have watered it down, by creating crimes that everyone automatically commits in recent years + selective enforcement laws)

But yeah, the west needs to get better. It always does. And so does china.

But lets take something objective- the "were does money flee towards and were from" as a measurement of law and lawlessness and watch the crypto bleed out of china were it can. I rest my case on the scale of law and lawlessness.

Re: China releases a five-year regulation blueprint for broader crackdown

#76

they really are keen on annoying investors aren't they. i wonder for how long tencent and the other conglomerates will obey these orders

My tinfoil hats say that they realize that we are in the age of ultra loose monetary policy, so abundance of capital. Therefore it's time to clean the house. Gonna spook investors of course, but hey all other places offer zero or minus yield rate, China still has positive yield anyway.

Re: China releases a five-year regulation blueprint for broader crackdown

#77
post #30
post #20

Earlier quoted context omitted.

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.

There was only a year that India has higher GDP growth compared to China, real GDP growth of course is still way behind. Yet after that year it went downhill, before COVID their growth was only around 4%.

Re: China releases a five-year regulation blueprint for broader crackdown

#78

I 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…

>Food shortage is going to cause riots in US, Canada, and EU for sure The US (along with France) can easily supply all the food they need to its citizens. Along with the alliances with Mexico and Canada, the US is not going to have food shortages, much less riots. China, on the other hand, is definitely screwed on this front. All of its neighbors are either outright enemies or begrudging allies. As the global order c…

Outside of meat, China is self sufficient, calculated by calories produced.

Re: China releases a five-year regulation blueprint for broader crackdown

#79

they really are keen on annoying investors aren't they. i wonder for how long tencent and the other conglomerates will obey these orders

> i wonder for how long tencent and the other conglomerates will obey these orders

Probably as long as the regulation exists. It is amazing, but once there is the real threat of personal, physical imprisonment, most CEOs are pretty good about making sure regulations get followed despite any impact on the stock price.

Re: China releases a five-year regulation blueprint for broader crackdown

#80
post #37

Earlier quoted context omitted.

Not used to hacker news commenters being quite so mask-off, but I suppose it was only a matter of time

Not to be too tinfoil-hatty, but why wouldn't we at least consider the possibility of this kind of "warfare"? We accept the possibility of physical, nuclear, cyber, cultural, chemical and "deadly" bio warfare. But not soft, malicious and below the radar bio warfare that this could be? Is it because they "released" it in their own country supposedly? Anywho, I've long since realized that it's all too-easy to do both s…

At some point in the future it might become possible to design viruses that target human genotypes with great selectivity, and at that point this will become a risk. But we are a long, long way from that future, and even then most people's circle of concern includes significant genetic variation, so very few people could release a virus designed to kill, say, all Slavic people, without killing at least a few of their own close friends and family members.

Historically, biological warfare research has focused on pathogens like anthrax that have very low human-to-human transmission risk, for two reasons. One is that, if your germ-warfare bomb starts an epidemic, it barely matters which sides of the battle lines it falls on; if it thins your own ranks less than those of the enemy, it's only because your troops (and their families dying back home) are in better condition or have better sanitary measures in place. The other is that, if you can't stop the deaths when the enemy surrenders, the germ-warfare bomb doesn't give the enemy any incentive to surrender.

Evil things do happen fairly regularly on a grand scale. But doing things on a grand scale has historically required a centralized government to organize them. That's still true for a little while longer.

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