Chinese Economics Thread

nugroho

Junior Member
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Everyone here always think Alibaba is Jack Ma's.
But as far as I know Alibaba is Japan/international company with Softbank held 24,5%, the other are US funds. Jack Ma and Tsai only hold below 10%. So hitting alibaba hard is not hitting Jack Ma, that is hitting softbank and US funds hard.
That is the same if China hit Tencent, Tencent is not mayority held by Chinese.
 

voyager1

Captain
Registered Member
Everyone here always think Alibaba is Jack Ma's.
But as far as I know Alibaba is Japan/international company with Softbank held 24,5%, the other are US funds. Jack Ma and Tsai only hold below 10%. So hitting alibaba hard is not hitting Jack Ma, that is hitting softbank and US funds hard.
That is the same if China hit Tencent, Tencent is not mayority held by Chinese.
Analysts have said that the regulators will now turn on Tencent.

Their target is going to be their Fin Tech company, the Myriad of investments they have made on other companies amd media control
 

quantumlight

Junior Member
Registered Member
Ho hum to a hammer everything looks like a nail!

A sovereign country with its own currency, you'd think what it does with it would be its business, but no its a national security concern for the US of A!

Just keep printing worthless dollars to spend without consequences, I don't think so!
CIA used to print shiploads of fake currency to destabalize a country, with DCEP they cannot do that anymore

Also, America likes to create chaos then induce other nations rich folks to capital flight... with digital Yuan China put a lid on that too...

It is these implications that America is assessing...

Once quantum communications goes mainstream, the Five eyes will go blind...

They hate that lol
 

Tyler

Captain
Registered Member
Everyone here always think Alibaba is Jack Ma's.
But as far as I know Alibaba is Japan/international company with Softbank held 24,5%, the other are US funds. Jack Ma and Tsai only hold below 10%. So hitting alibaba hard is not hitting Jack Ma, that is hitting softbank and US funds hard.
That is the same if China hit Tencent, Tencent is not mayority held by Chinese.
Why do the Chinese allow foreigners to hold majority shares of Alibaba and Tencent? The US would not allow foreigners to control Apple and Amazon.
 
D

Deleted member 15949

Guest
Why do the Chinese allow foreigners to hold majority shares of Alibaba and Tencent? The US would not allow foreigners to control Apple and Amazon.
I mean, 40% of US equities are owned by foreigners, $AAPL and $AMZN are probably effectively foreign owned given that their inclusion in equity indices and their name recognition increases foreign attraction. Openness to investment is a good thing.
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Nutrient

Junior Member
Registered Member
The conversation that that replies to directly says that billionaires are not necessary, so when I rebut, I rebut to them being removed and thus their contributions butchered.
Your reasoning is dismal. There is a huge difference between saying that something isn't necessary and saying that it should be eliminated entirely. Equating the two demonstrates very poor thinking. For example, when I say that fruit juice isn't necessary to anyone who eats a balanced diet, I am certainly not calling for the juices to be eliminated!

When I say that billionaires are not necessary, I mean exactly that. I don't want them eliminated entirely; I just want to keep them on a leash, so they can't corrupt the country.


Open, eh? How open? Every time you regurgitate that half-assed thoughtless answer, you will face this again:

"How open? More open than someone with a regular amount of wealth? How is it enforced? Are you suggesting that once someone reaches above a certain level of wealth that s/he be stripped of his/her human right to privacy? That's ok with you? That's not persecuting success?"
More time-wasting yapping. I don't need to outline the openness campaign to the last detail, just as I don't need to know the physics in detail to realize that China needs a local source of EUV tools.


This was already debunked. Small business innovations are not the same type as those of megacorps. No small business will ever invent lithography or jet engines or rocket launches. These require the deep pockets of a megacorp to tackle.
I will debunk your sad attempt at debunking. You say "No small business will ever invent lithography or jet engines or rocket launches. These require the deep pockets of a megacorp to tackle."

I say "nonsense"! I will debunk each in turn.

Lithography. Fairchild Semiconductor was a tiny company (with something like 8 engineers) when Robert Noyce invented the monolithic integrated circuit.

Jet engines. The Englishman John Barber patented his gas turbine in 1791. He almost certainly wasn't working for a "megacorp", as very few such organizations existed back then.

Rockets. If you don't know they were invented in China (and definitely not inside a large corporation), you are showing your ignorance.

So all three of your claims are garbage. My statement stands: billionaires are not necessary.


[more yapping, ignored]

What the CCP did to Alibaba shows that the CCP controls the game in China no matter how big the company is and I support it.
The CPC is more powerful than the billionaires. At the moment. What happens when the billionaires (and possibly some trillionaires) become too strong? It is of the utmost importance that they be curbed before they damage China as much as their American counterparts are damaging the US.
 

Nutrient

Junior Member
Registered Member
The conversation that that replies to directly says that billionaires are not necessary, so when I rebut, I rebut to them being removed and thus their contributions butchered.
Your reasoning is dismal. There is a huge difference between saying that something isn't necessary and saying that it should be eliminated entirely. Equating the two demonstrates very poor thinking. For example, when I say that fruit juice isn't necessary to anyone who eats a balanced diet, I am certainly not calling for the juices to be eliminated!

When I say that billionaires are not necessary, I mean exactly that. I don't want them eliminated entirely; I just want to keep them on a leash, so they can't corrupt the country.


Open, eh? How open? Every time you regurgitate that half-assed thoughtless answer, you will face this again:

"How open? More open than someone with a regular amount of wealth? How is it enforced? Are you suggesting that once someone reaches above a certain level of wealth that s/he be stripped of his/her human right to privacy? That's ok with you? That's not persecuting success?"
More time-wasting yapping. I don't need to outline the openness campaign to the last detail, just as I don't need to know the physics in detail to realize that China needs a local source of EUV tools.


This was already debunked. Small business innovations are not the same type as those of megacorps. No small business will ever invent lithography or jet engines or rocket launches. These require the deep pockets of a megacorp to tackle.
I will debunk your sad attempt at debunking. You say "No small business will ever invent lithography or jet engines or rocket launches. These require the deep pockets of a megacorp to tackle."

I say "nonsense"! I will debunk each in turn.

Lithography. Fairchild Semiconductor was a tiny company (with something like 8 engineers) when Robert Noyce invented the monolithic integrated circuit.

Jet engines. The Englishman John Barber patented his gas turbine in 1791. He almost certainly wasn't working for a "megacorp" at the time; very few organizations like that existed back then.

Rockets. If you don't know they were invented in China (and definitely not inside a large corporation), you are showing your ignorance.

So all three of your claims are garbage. My statement stands: billionaires are not necessary.


[more yapping, ignored]

What the CCP did to Alibaba shows that the CCP controls the game in China no matter how big the company is and I support it.
The CPC is more powerful than the billionaires. At the moment. What happens when the billionaires (and possibly some trillionaires) become too strong? It is of the utmost importance that they be curbed before they damage China as much as their American counterparts are damaging the US.
 
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