Chinese Economics Thread

[FairAndUnbiased]

Yeah I think Chinese parents tend to spoil their kids more. Not only are they more likely to have an only child but kids are encouraged to stay at home, especially with boys as they keep the family name. Traditionally in China, girls leave the family when they marry, so they're pressured to be more independent than boys as they're expected to move out (i.e. creating mama's boys).

This is different than say Anglo-Saxon customs when encourage kicking out as their sons immediately when they turn 18, which pushes them to be more independent. It might be cruel but its much like with Lions, you have kick out the males and force them strong otherwise you won't have strong men to carry the rest of society. Its either sink or swim, you sacrifice many, so one can shine. It's really hard to replicate creating high quality men as opposed to women similar to wild horses. A wild/troubled men who experience hardship will nearly always be a stronger characters than domesticated/tame men are who grow in privilege and civility.

Do you think Bush, Kennedy or Trump got kicked out with nothing at age 18???

It's a cope from poors. The WASP rich and privileged give their kids all the advantages they can for life. Those who can't cope with this narrative but they would if they could.

 

[escobar]

Boeing in Talks to Sell as Many as 500 Planes to China

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[tygyg1111]

Blame that on another unintended consequences of the one child policy. I can't blame those parents much. I have 4 children, but if i was forced to have only 1 child, i can also imagine i would also spoil that child since he will be the only offspring i will have on earth, the only one i will leave behind after my death. It's normal there will by default be a higher probability that he will be more spoiled than if he had siblings. Lol Luckily i have 4(one already moved out not long ago (over 19) now, so of course things are different.

To be bonest, if i had just 1 child i will never even allow him to join the army/military for example. I dont even know how those parents who have onlh 1 child and that child joins the military, cant imagine how the parents will feel so worried in case a conflict ever happens.
So we have to also put ourselves in their shoes,and as a parent i know how that feels.

Not to derail the thread, but based on how you post I imagined you as a single 28 year old

 

[In4ser]

Do you think Bush, Kennedy or Trump got kicked out with nothing at age 18???

It's a cope from poors. The WASP rich and privileged give their kids all the advantages they can for life. Those who can't cope with this narrative but they would if they could.

Yes but it’s also why America is becoming less competitive too.
Its deference and acceptance of elite fails sons and daughters and overall nepotism has made America a far worse place. Elites have stopped caring about the common good and focused upon uncompetitive and inequity practices for themselves (including their progeny) via privatization and downgrading public institutions.

Just as technology and industry is important to a nation, so is culture and traditions. As such, it is important to reflect and see what others have practiced and weigh their pros and cons.

For example, there is a reason why Eunuches were commonplace in Asia but not so much in Europe. I think it might have to do with family structures like greater acceptance for polyamorous relationships amongst elites. The tendency to have multiple heirs from many concubines also has the tendency to create more in court intrigue and civil wars.

As most of the world is separate from West, it’s fascinating to see how what cultural practices have allowed them to succeed and what has not. Moreover, a lot of cultural and traditions we take for granted were forced upon by the West under the guise of modernity were not commonplace previously. For example the ending of the Asian clan structure for the American styled nuclear family which has radically change dating/marriage practices and potentially one of the greatest underlying causing for the world’s demographic crisis.

 

[henrik]

Boeing in Talks to Sell as Many as 500 Planes to China

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China should ensure the supply of technology and products that they don't already make themselves and also full access of Chinese EV in the US market.

 

[henrik]

Boeing in Talks to Sell as Many as 500 Planes to China

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Probably, they need FAA to approve C919 and also ensure supply of engines to C919 plane.

 

[2handedswordsman]

Yes but it’s also why America is becoming less competitive too.
Its deference and acceptance of elite fails sons and daughters and overall nepotism has made America a far worse place. Elites have stopped caring about the common good and focused upon uncompetitive and inequity practices for themselves (including their progeny) via privatization and downgrading public institutions.

Just as technology and industry is important to a nation, so is culture and traditions. As such, it is important to reflect and see what others have practiced and weigh their pros and cons.

For example, there is a reason why Eunuches were commonplace in Asia but not so much in Europe. I think it might have to do with family structures like greater acceptance for polyamorous relationships amongst elites. The tendency to have multiple heirs from many concubines also has the tendency to create more in court intrigue and civil wars.

As most of the world is separate from West, it’s fascinating to see how what cultural practices have allowed them to succeed and what has not. Moreover, a lot of cultural and traditions we take for granted were forced upon by the West under the guise of modernity were not commonplace previously. For example the ending of the Asian clan structure for the American styled nuclear family which has radically change dating/marriage practices and potentially one of the greatest underlying causing for the world’s demographic crisis.

Hm i think that the clan structure to nuclear family has not to do about east and west, is a tedency when humanity went through matriarchy to patriarchy and the cleronomy (inheritance) rights and so on. Clans were present in the so called west too. Please do not fall to the same trap neo-westerners fall while examining oriental-colored peoples' cultures. They are not the same! Not all Arabs all the same, not all Africans are the same, not all east Asians are the same. Just like not all Europeans are the same. All people have their own traditions and cultures. When you have spare time, take a look at The Origin of the Family, Private Property and the State by Friedrich Engels. It's an eye opening piece of work

 

[Wrought]

European heatwave means good business for AC manufacturers.

China’s AC exports to Europe in July increased 59.06 per cent by volume and 14.85 per cent by value, year on year, to US$9.28 million, according to Chinese customs data released on Wednesday. And the increase came despite a 10 per cent drop in China’s total AC exports, by volume, to the world.

Accordingly, the French government projects that the number of air-conditioned homes will increase from 9 million in 2020 to 35 million by 2050, covering 95 per cent of all homes in the country. In a 2024 report, the European Commission said it expected that 70 million ACs would be installed by 2030, covering 35 per cent of European households.

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[fishrubber99]

Chinese real estate developers are continuing to restructure large amounts of debt, with $167 billion restructured this year. This is a good sign since developers deleveraging helps prevent broader risks and contagion to the overall economy.

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[In4ser]

Hm i think that the clan structure to nuclear family has not to do about east and west, is a tedency when humanity went through matriarchy to patriarchy and the cleronomy (inheritance) rights and so on. Clans were present in the so called west too. Please do not fall to the same trap neo-westerners fall while examining oriental-colored peoples' cultures. They are not the same! Not all Arabs all the same, not all Africans are the same, not all east Asians are the same. Just like not all Europeans are the same. All people have their own traditions and cultures. When you have spare time, take a look at The Origin of the Family, Private Property and the State by Friedrich Engels. It's an eye opening piece of work

Exactly. Like you said not all them are the same that's why the American nuclear family is so unique and requires further study because it was imposed upon the rest of the world. China's is Exogamous Communitarian like Russia is probably why it gravitated towards Communism unlike other cultures that had different family structures. Yes, clans tended to be prevalent in most cultures but the banning of cousin marriages by the Catholic Church destroyed much of it in the West. Regardless, this is a subject that has undoubtedly had lasting effects on society and community interactions for the rest of the world as family structures have been atomized with modernity.