@weig2000 You know bro having a teenage son which my wife loved so much, I had an excuse to discipline him more if we had this law, right now he is untouchable because of my wife cause I'm one of those proud members of WAR (wife always right)...LOL
Chinese Economics Thread
- Thread starter Norfolk
- Start date
There has been talk about requiring periodically facial scans from the front camera. Dont know if it will also apply to adults
The crackdown on bitcoing mining and video gaming, two areas of innovation, are contributing to the slowing of the service industry.
What? What kind of innovation, Bitcoin mining and video games is?
The first one is garbage and the second one is slightly above garbage
People want to buy it so it's clearly attracting value for someone
Video games is a multi-billion $ business. Professional gamers are making a lot of money in Korea. Chinese companies like Tencent and Netease should be producing some world- leading video games. Now by banning video games, they are restricting the creativity of the Chinese programmers and game developers.
What is the point developing very fast cpu and gpu when you are not even playing vides games?
The Chinese authorities are not banning video games, they are moderating it to protect the minors by limiting the number of hours of usage per age group. And also moderating the contents of these games. That is the difference. This is not a bad idea at all.
The ban is only for mmorpg like games if i'm not mistaken. In that world, World of Warcraft is king and I can confirm that game is like digital crack I almost failed my school year because of it addicting properties and that was almost 12 years ago or so.
I read that in the 1930's the KMT government bannned Wuxia movies because of their popularity and is taking away time from childrens studies. The videogame restriction is nothing new under the sun.
Maybe the success fighting the coronavirus has made the Chinese government (over) confident in their ability to reshape the country and society.
I come back to the two things I posted before.
1. Zeitgeist. Even in the West you see growing public anger at neoliberal failure and inequality is growing at a ever faster pace. Somethings got to change there too.
2. China's old system prior to Xi was showing cracks and China cannot continue like it was before or it would have ended in a crisis one way or the other.
I can only hope that there is enough flexibility in the Chinese system to turn back bad decisions quickly when they see its not working as planned. This flexibility is the main advantage that China has over the West. Lets hope they make use of it.
One policy that i'm thinking about is the high taxes on luxury goods in China. It was meant to get more tax revenue from the rich but instead the rich shopped abroad. The policy backfired and now you have duty free zones in Hainan to mitigate that policy mistake.
Maybe the success fighting the coronavirus has made the Chinese government (over) confident in their ability to reshape the country and society.
I come back to the two things I posted before.
1. Zeitgeist. Even in the West you see growing public anger at neoliberal failure and inequality is growing at a ever faster pace. Somethings got to change there too.
2. China's old system prior to Xi was showing cracks and China cannot continue like it was before or it would have ended in a crisis one way or the other.
I can only hope that there is enough flexibility in the Chinese system to turn back bad decisions quickly when they see its not working as planned. This flexibility is the main advantage that China has over the West. Lets hope they make use of it.
One policy that i'm thinking about is the high taxes on luxury goods in China. It was meant to get more tax revenue from the rich but instead the rich shopped abroad. The policy backfired and now you have duty free zones in Hainan to mitigate that policy mistake.