Chinese Economics Thread

daifo

Captain
Registered Member
This is the reason why China has out competed the west and is lifting their population up. Netflix paid 500+ million USD for the streaming rights of a silly 30 years old show called Seinfeld. This made a few extra people more $$$. The Chinese would of created 100+ new tv drama shows creating employment for many thousands of people.
 

localizer

Colonel
Registered Member
The us has went full retard

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If I was a rich CCP person or any Chinese national I would consider moving assets out of the US.

If US can't default on Chinese loans, they can confiscate dollar property of Chinese government officials. In addition, they can confiscate repatriations to China.


The US didn't go retard, Chinese elites went retard thinking their assets are safe in the West.
 

caudaceus

Senior Member
Registered Member
Yes, anyone who thought otherwise was naive... its all about keeping China down, not enough to limit Chinese apps from being used in US, but the goal is to completely kill off all successful Chinese firms/products, the US simply won't accept even the existence of TikTok even outside its borders... like Tom Cotton likes to say "give no quarter" etc...

Google and other US companies have already become bona fide sanctions arms of the US government... This is also a strategic part of the US information warfare against China (and against the world)

I personally dont use TikTok, but make no mistake, they are already going after WeChat with full force as well....

In light of this, and assuming Biden will win in November, do you think it is a good idea to consider the possibility of "opening" the Great firewall?

The idea is that now the situation is very dire with Trump and co utilizing "nuclear option" like candy and set precedence to it. What prevents future administration to put everything on the list on a whim? I am sure that even local indigenous players are also worried.

My reasons are these
1. The TikTok debate and events like
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already showed that "data sovereignty" is also acceptable to the western society. We can set reciprocal rules that each tech players should store data exclusively on respective borders.

2. It will offer Biden (or whoever his successor will be) a strong key campaign and achievement for the next election (As Nixon open China, so does Biden open the firewall!). I do not really, really want to see another Republican in the administration at least for a decade, esp the Trumpian one (Rubio, Hawley, Cotton).
These folks might be crazy and/or paranoid, but for sure they hold a massive amount of power.

3. I also believe that as the western apps go into China, so does the local giant go global. We might see some "peer alliances", for example, Uber and Meituan vs Didi and Expedia.

4. Possibility to counter/explain various allegations strongly. We have seen various allegations during COVID-19, some are absurds e.g. 20 million subscribers lost === 20 million lives lost. If more Chinese joined the "global forum" it will be easier to dispel. FYI, the same pattern I also found regarding Ladakh contentions, I have never seen on MSM/forums Chinese viewpoints of the contention only Indian one.

Side point, if the entity list really happens, arent Bytedance glad that China have their own ecosystem?
 

2handedswordsman

Junior Member
Registered Member
The only thing that can cause a people led government overthrow in China is if China's economy collapses.

The only way China's economy can collapse is if CCP went full retard and goes to pre Deng days.

External factors is unlikely to mess up China badly.

I pray CCP doesn't go retard on the economy.

Pre Deng Xiaoping China except turbulence,(after Deng Tien-An-Men square incidents happened just saying..) achieved great growth in many aspects. Have a look. I don't think that a soft push to collectivisation as a countermeasure to contradictions of capitalism is inevitable. I believe that many people will choose this direction conscioussly and not forced this time. Huawei is a cooperative... Why CCP struggles to relief poverty, and then deem own people to poverty again?
 

localizer

Colonel
Registered Member
Pre Deng Xiaoping China except turbulence,(after Deng Tien-An-Men square incidents happened just saying..) achieved great growth in many aspects. Have a look. I don't think that a soft push to collectivisation as a countermeasure to contradictions of capitalism is inevitable. I believe that many people will choose this direction conscioussly and not forced this time. Huawei is a cooperative... Why CCP struggles to relief poverty, and then deem own people to poverty again?


Idk, maybe future will change with automation, but government right now needs a strong private sector to tax.

Every time Chinese government hurts the private sector, business people get nervous.


Chinese private sector relies purely on ideas and labor. Average person don't have access to private land, private resource (mining, oil, etc..), and a mature financial market.

This is why China must not hurt things that damage development of productive ideas and labor.
 
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2handedswordsman

Junior Member
Registered Member
Every time Chinese government hurts the private sector, business people get nervous.

Is that really a problem? In the West calm business people did things right? I'm afraid they did not. I can't recall where, but somewhere i read about state enterprises are growinging in number since 2017 to day.
 
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