Chinese Economics Thread

[gelgoog]

China is either at the leading edge or leading in commercial nuclear tech now. However, it's level is not overwhelming. I think this is largely political, but also partly technical. Russia's VVER reactors are known to have passive safety mechanisms built-in that other 3rd gen reactors don't. I believe the thinking is that China can learn from this design and perhaps incorporate it in future upgrades of Hualong One. Imo, it would have been a better move to cooperate on the BN-800 4th generation reactor technology and I am sure China brought it up, but that is a potential future crown jewel for Russia.

China has a pretty advanced nuclear industry. But the world leader in the nuclear industry is still Russia. Like you said, the latest VVER reactors have safety mechanisms not found in most other reactors in the world like core catchers. China's need for nuclear power is so large, it still cannot meet all its demands by itself either. Russia manages to build nuclear reactors with predictable costs and has built a lot of reactors worldwide over the past decade. They have already built several reactors of this latest VVER design like Leningrad II - 1 and Astravets - 1. So this technology is pretty well proven. This makes them a viable partner in the sector. The joint work on the fast reactors probably helped speed up the Chinese design which could be a future way of generating plutonium for the Chinese MIC. In the long run most of the reactors built in China will be of Chinese make and design but right now it still makes sense to cut deals with the Russians.

Other projects the Russians have which might be of interest in this sector would be the lead-cooled fast reactors (BREST-300), the compact naval reactors (RITM-200), or the space based reactors like those in the Nuklon project.

 

[SamuraiBlue]

Thats for sure. China will require a stake on the mining. But cannot Russia cough up some money for searching deposits and then mining. Tiny Australia can do it, why cant Russia finance this by itself?

It's not about if they have the money or not. It's about if they are willing to cast vast amount of money on a high stake bet.
Prospecting is a high risk medium return poker game, seldom hitting the jackpot. Once found you need to invest in infrastructure to bring in the equipment only to find that the deposit may not be as large as expected resulting to enormus loss of money as well as time.

 

[sndef888]

The western world's obsession with their false sense of human rights, guided by fake news from NGOs will be their downfall.

 

[bajingan]

The western world's obsession with their false sense of human rights, guided by fake news from NGOs will be their downfall.

Absolutely the whole muslim world can see how america turning a blind eye on israeli genodice of palestinian muslims yet they keep broadcasting their fake muh uyghur genocide, no one is buying that crap anymore except for its vassals

 

[horse]

Absolutely the whole muslim world can see how america turning a blind eye on israeli genodice of palestinian muslims yet they keep broadcasting their fake muh uyghur genocide, no one is buying that crap anymore except for its vassals

No one ever bought that crap, only white people in the west bought that white Liberal crap, and white wannabes bought that white Liberal crap.

Black Lives Matter never bought that crap. That is a political movement in a white country too.

The disenfranchised never had a voice, and neither did the poor of the world.

What has changed is the internet.

Before there was no alternative to western narratives.

Now western narratives are getting attacked left right and center.

Internet provided information, and finally, a voice to those who never had one.

The internet mobilizes, that is a key point. This is a lesson from the Chinese Communist Party, a deep political lesson we should all worship. Mobilization is important in politics. The internet probably is the best mobilization tool ever invented.

--- --- ---

Remember that goof ball, a professor called Mead, who wrote an article for the Wall Street Journal, who was usually anti-China. The headline for his article used the term "Sick Man of Asia" when the article described China. He wrote the anti-China article, but the editors at the WSJ provided the racist headline. This was about a year ago.

The Wall Street Journal reporters, all the Asian ones, rebelled, and demand some sort of apology or retraction. There were too many signatures on that letter of protest.

The editors at the Wall Street Journal refused to back down, and hoped the entire episode would fade away.

But the reaction was too strong. The Wall Street Journal basically had a rebellion on its hands, its minority reporters worldwide pointing the finger at headquarters, and saying you sound racist.

Not sure if the goof Mead ever wrote another article for the WSJ.

Something like this, would have never happened in the old days.

It would have been impossible for the Asian reporters to fight back, because it would have been too difficult to mobilize.

The internet leveled the playing field.

 

[Gatekeeper]

Absolutely the whole muslim world can see how america couldn't give a crap on israeli genodice of palestinian muslims yet they keep broadcasting their fake muh uyghur genocide, no one is buying that crap anymore except for its vassals

Corrected for you.

 

[antiterror13]

No one ever bought that crap, only white people in the west bought that white Liberal crap, and white wannabes bought that white Liberal crap.

Black Lives Matter never bought that crap. That is a political movement in a white country too.

The disenfranchised never had a voice, and neither did the poor of the world.

What has changed is the internet.

Before there was no alternative to western narratives.

Now western narratives are getting attacked left right and center.

Internet provided information, and finally, a voice to those who never had one.

The internet mobilizes, that is a key point. This is a lesson from the Chinese Communist Party, a deep political lesson we should all worship. Mobilization is important in politics. The internet probably is the best mobilization tool ever invented.

--- --- ---

Remember that goof ball, a professor called Mead, who wrote an article for the Wall Street Journal, who was usually anti-China. The headline for his article used the term "Sick Man of Asia" when the article described China. He wrote the anti-China article, but the editors at the WSJ provided the racist headline. This was about a year ago.

The Wall Street Journal reporters, all the Asian ones, rebelled, and demand some sort of apology or retraction. There were too many signatures on that letter of protest.

The editors at the Wall Street Journal refused to back down, and hoped the entire episode would fade away.

But the reaction was too strong. The Wall Street Journal basically had a rebellion on its hands, its minority reporters worldwide pointing the finger at headquarters, and saying you sound racist.

Not sure if the goof Mead ever wrote another article for the WSJ.

Something like this, would have never happened in the old days.

It would have been impossible for the Asian reporters to fight back, because it would have been too difficult to mobilize.

The internet leveled the playing field.

This is the article .. saying " China is the Real Sick Man of Asia" .. when China hit hardest by C19. in early Feb 2020

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Very hurtful, instead of giving a support, but attacking people who are suffering
It turned out, China got out very quickly with tough measures and high disciplines and excellent management, and rebounded almost instantly and the rest is history

The big question is who are the real sick man .. he never said the US or Italy or UK or India which obviously they are

Karma does work .. believe it or not

 

[krautmeister]

What has changed is the internet.

Before there was no alternative to western narratives.

Now western narratives are getting attacked left right and center.

Internet provided information, and finally, a voice to those who never had one.

The internet mobilizes, that is a key point. This is a lesson from the Chinese Communist Party, a deep political lesson we should all worship. Mobilization is important in politics. The internet probably is the best mobilization tool ever invented.

The Internet goes both ways. While it provides the mechanism for alternative voices, it also serves as a tool to reinforce echo chambers of fake news. Witness the blatant shadow banning going on in plain sight on all the big social media platforms. Yes, the Internet helps to level the playing field but it isn't anywhere close to being even. It is completely dominated by the big news and social media platforms that are fully controlled by the establishment. China was very wise to create the Great Firewall and block all this disinformation echo chamber from infecting its population. Do any search with the word "China" in it and the first 10-20 links will be mostly to mainstream media that are all anti-China or with a negative bias against China. This has been getting worse over the last 5 years and it was already very bad 5 years ago. It is no coincidence that anti-Asian hate crimes have been increasing in lock step with increasing anti-China rhetoric. This is going to get worse, ALOT worse.

 

[ansy1968]

This is the article .. saying " China is the Real Sick Man of Asia" .. when China hit hardest by C19. in early Feb 2020

Please, Log in or Register to view URLs content!

Very hurtful, instead of giving a support, but attacking people who are suffering
It turned out, China got out very quickly with tough measures and high disciplines and excellent management, and rebounded almost instantly and the rest is history

The big question is who are the real sick man .. he never said the US or Italy or UK or India which obviously they are

Karma does work .. believe it or not

@antiterror13 Sir! it begs the question, since it had evolved to political and religious connotation ,is god a Chinese, why he/she is blessing an atheist Country like China...lol

 

[antiterror13]

@antiterror13 Sir! it begs the question, since it had evolved to political and religious connotation ,is god a Chinese, why he/she is blessing an atheist Country like China...lol

Most people in western countries are atheist anyway ...... I'd bet much more religious Chinese (not necessarily Christian/Muslims) in China then in the USA or EU

Most Chinese in China are following Confucius/Tao or Buddhism ... these are religions too .. it depends on who you ask