Chinese Economics Thread

Overbom

Brigadier
Registered Member

No longer will the likes of Faceberg and google be able use our data for their own economic gain; small wonder zuckerberg wanted the US to go to war against China so badly.

Once China legislates these privacy cyber laws, other nations will follow suit.
The regulations for algorithms is amazing.

Check them out in this article. They are all very sensible and good for the consumer and the society
Westerners alre already jealous

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DarkStar

Junior Member
Registered Member
And another one, China is on the roll.

Total ban for companies with data-security risks, making IPOs outside the country.

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A thousand screams of rage and impotence coming from the likes of George Soros and white westerners who will never control China again.

EDIT: also, wtf were Didi's leaders thinking?
The fact that they persisted reveals that they need to be taught a lesson and made an example of; not unlike the weak former CEO of tiktok.
 

Overbom

Brigadier
Registered Member
also, wtf were Didi's leaders thinking?
The fact that they persisted reveals that they need to be taught a lesson and made an example of; not unlike the weak former CEO of tiktok.
I think a slight wake up call to the Chinese Gov came by the CEO of TikTok when he was planning to sell the company to please Trump.
However the bazooka which woke up the sleeping dragon (CPC) was Jack Ma openly/publically mocking regulators and politicians on their face in that infamous conference (meeting?).

That thing enraged the whole CPC leadership and finally brought the hammer down once and for all. The regulations were already ready or getting finalised but that Jack Ma speech catalysed the whole thing.

In the end what brought these people down is the no1 characteristic of capitalism, greed. They weren't satisfied with what they had and they wanted even more. Well guess what, they reached their hand out further than allowed, and as a result the CPC came in and cut it down
 

siegecrossbow

General
Staff member
Super Moderator
A thousand screams of rage and impotence coming from the likes of George Soros and white westerners who will never control China again.

EDIT: also, wtf were Didi's leaders thinking?
The fact that they persisted reveals that they need to be taught a lesson and made an example of; not unlike the weak former CEO of tiktok.

They weren't and probably still aren't.
 
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