Lol if Trump comes back in 2024 it will be a blessing for China. Republicans are even more gerontocratic and corrupt than Democrats, plus Trump coming back would make all the US vassals butthurt.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
I guess 'supply and demand' part of modern economics is in disagreement with environmental regulations and enforcement., Australia is not going to feel broad pain as Coal extraction isn't a skill intense high wage sector. China can help make show some numbers towards the agreements as laid down in the Trade deal Phase 1.
The Chinese govt has two hands each doing the opposite thing as the other. One hand is saying we need more technology, more investment, complaining about US listing bans, etc. The other hand is punishing Chinese tech companies, punishing investment, and punishing US listing.
Where do you see 2 hands here?
China doesn't care if Chinese companies list in the US as long as relevant Chinese laws are followed. Already there are Chinese IPOs planned in NYSE
Instead of reacting in an irrational manner, I would recommend reading the reasons why such actions are being taken.
Care to elaborate?
Which tech companies are punished by the Chinese governemnt, and more importantly, why are these companies punished?
What kind of investments are the Chinese government punishing?
manqiangrexue
Brigadier
That's called proper control. A better analogy is that your biceps and triceps are antagonistic muscles to each other but they work together to give your arm precise motion and control of strength. Another correct analogy is that you want your garden to grow but you only want your target plants and you want them to grow into the arrangement you choose; you still need to chop weeds and trim your branches. Due to your (likely voluntary) lack of understanding, you starting freaking out, "You want your garden to grow but you keep killing plants! One hand add fertlizer and the other hand cuts away!" Don't worry; the CCP always delivers and you don't need to understand. But it doesn't matter because nobody believes you really want anything good for China anyway. You just like drama.
China wants more tech but it's not a no-regulations, no-rules free for all. The actions must be measured and taken with the best interests of China and the Chinese people at heart. They must not create a monopolistic environment or one that caters to worshipping foriegn markets instead.
If you want to see 2 hands beating each other up, look at the Democrats and Republicans in the US.
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How come they are asking didi to delist from the US?