Chinese people flooding Siberia was always a racist dog whistle. China's GDP per capita is higher than Russia's let alone their poorest regions in the far east. Why would they move there over a much more prosperous coastal China?
Chinese Economics Thread
- Thread starter Norfolk
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ccp needs to liberalize north or else its just wasted
China's North East is similar to the Mid West in the US, rust belt of traditional industries. North East China was one of the earliest places to industrialize in China and the largest cluster of early industrialization in the country. Its main industries were concentrated in heavy industries, military industries, shipbuilding, oil and mining. When these industries became less relevant in China lots of people people had to find employment elsewhere, most are not going to wait for structural economic adjustment. Some cities were built around one main plant that directly employed hundreds of thousands. IIRC 10 million out of the 40 million layoffs during the 1990s were in the North East. For the remaining industries to stay competitive they increased productivity and automation, reducing need for labour. Increasingly young people will likely work in emerging and service sectors and not stay in the North East. Many of SAC's original top talent also went to CAC. The region is facing a brain drain.
I see the population of the North East shrinking further, even with improved economics and stabilizing at a lower population. Historically there were a few major waves of migration to North East. The early Han migrants from a few hundred years ago mostly adapted to the climate and lifestyle but there's also a much more recent (when North East was more prosperous) wave many of whom were from Central and Southern China. Without strong economic incentives, many in the region will seek greener pastures and warmer climate. Hainan is basically the Florida for North Eastern Chinese.
North East is competitive in its traditional industries, for example the specialized steel needed for China's carrier decks and offshore oil rigs were developed and produced by Angang Steel in Liaoning. Other specialized steels for tools, bearings, precision instruments, weapons, aerospace, nuclear reactors, etc are made there as well. Even with developments in new technologies, it's still very industry centric.
The prospects for North East China would improve if North Korea were to open up its economy, allowing for more cross border trade and regional trade with neighbouring countries. During early reform period, Shandong was able to out compete Liaoning in attracting capital from South Korea and Japan due to bureaucratic openness. For a variety of reasons the region lacks a trade oriented environment.
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Taipei would be great. But Hainan will also be a big WIN. Just imagine if we can see this happen in our lifetime.View attachment 69289
National transport network, planned for 2021-2035. Notice the under sea tunnel from Fujian to Northern Taiwan, hmmmm
I still remember the first time I went to China. Finally I was inside China, and I was so happy.
But, it was poor and backwards, but moving forwards. People were slightly still bitter about the past, but there was a sense of a new era.
I was so glad to see things improving, and I thought it would take 100 years before China could come anywhere close to catching up to the developed nations.
Look at it now.