Chinese Economics Thread

ansy1968

Brigadier
Registered Member
Fantastic video.

The Beijing Consensus can be (very) roughly summed up with the following points:
  • down-to-earth pragmatic concern with serving the people
  • constant trial and error experimentation
  • gradual reform rather than neo-liberal economic shock therapy - or as Mr Deng put it: "crossing the river by feeling the stones"
  • a strong and pro-development state
  • selective cultural borrowing of foreign ideas and methods
  • a pattern of implementing easy reforms first, difficult ones later
In other words, the CPC governs China in a practical, sensible, and effective manner.
@dengyeye the after effect of 1989 Tian an men, Bro politically we can't commemorate that event BUT for me economically and socially we should, it mark the changes China is having right now. Reforms was forcefully introduced, destroying the bureaucratic inertia hampering the society as a whole. It give Deng the impetus to proceed against all odds, that is the thing with CCP, there is internal and self Reflection, without it we may become like India.
 

56860

Senior Member
Registered Member
@dengyeye the after effect of 1989 Tian an men, Bro politically we can't commemorate that event BUT for me economically and socially we should, it mark the changes China is having right now. Reforms was forcefully introduced, destroying the bureaucratic inertia hampering the society as a whole. It give Deng the impetus to proceed against all odds, that is the thing with CCP, there is internal and self Reflection, without it we may become like India.
We should remember Tiananmen as the day color revolution failed in China and commemorate the PLA soldiers who sacrificed their lives to ensure China's future prosperity and unity.

China was not far removed from the disastrous decade long cultural revolution, which heavily damaged its social fabric and the peoples' trust in the CPC. During this period of time, the country was extremely ripe for a CIA backed color revolution.

Thankfully, Mr Deng made the painful but correct decision to send in the PLA to right the chaos. Nobody likes disciplining their child, but a good parent will take the short-term heartache of doing so to ensure the long term good of the child.

If Mr Deng had not stepped in with an iron fist on that fateful day, we may very well have an 'independent' Guangdong armed with NATO missiles pointed at Beijing at this moment.
 

horse

Colonel
Registered Member
Fantastic video.

The Beijing Consensus can be (very) roughly summed up with the following points:
  • down-to-earth pragmatic concern with serving the people
  • constant trial and error experimentation
  • gradual reform rather than neo-liberal economic shock therapy - or as Mr Deng put it: "crossing the river by feeling the stones"
  • a strong and pro-development state
  • selective cultural borrowing of foreign ideas and methods
  • a pattern of implementing easy reforms first, difficult ones later
In other words, the CPC governs China in a practical, sensible, and effective manner.

Seek truth from fact.

Employ facts to verify truth.

The grand unity of knowledge and action.


That is how I think I remember how that goes. Forget the exact words. Maybe it will come back.

This is a Chairman Mao thing, seek truth from fact. Actually, it could be Deng Xiaoping, I forget.

The point is, it goes even further back than that. It is a Confucian idea, or an idea attributed to ancient Chinese texts.

How do you like that?

You young people just like old time Chinese!

:D
 

ansy1968

Brigadier
Registered Member
Seek truth from fact.

Employ facts to verify truth.

The grand unity of knowledge and action.


That is how I think I remember how that goes. Forget the exact words. Maybe it will come back.

This is a Chairman Mao thing, seek truth from fact. Actually, it could be Deng Xiaoping, I forget.

The point is, it goes even further back than that. It is a Confucian idea, or an idea attributed to ancient Chinese texts.

How do you like that?

You young people just like old time Chinese!

:D
@horse bro it come to full circle, Mao is getting mentioned more often cause the Western Liberal system is corrupt to the core. Seek truth from fact is gaining traction as most Western MSM reporting are being question for dishonest or fake news reporting...lol
 

AssassinsMace

Lieutenant General
That's why you don't listen to the West on what's important. They bragged how much their economies are services while China was not and that's why the West suffers from a supply crunch. They want to source domestically yet that means prices go up because everything the West does cost more to do. Dumb Americans think to solve that is as simple as raising American wages so they can afford it. That would mean US companies couldn't compete in the rest of the world because most things can be produced cheaper overseas and the things that they can only produce no one else in the world could afford to buy it. Profit margins narrow and the US has less money for R&D.

That's why Western economies can only operate in an imperialist environment. They can't operate on a system of trade where two sides exchange something they agree is of equal value. They expect to be on top on every end of every deal. They should call their end a system of take not a system of trade. That's what's normal to them and when it doesn't happen that way, they think someone's pointing a gun to their heads forcing unfairness on them and they're the victim.

The West believes it cares about ending "slave labor" when it's only a red herring. They don't want to improve the lives of workers overseas. They want to take those jobs away. That's the whole point of why they charge "slave labor". Americans think it's as simple as paying those workers the same as an American gets paid. Of course they think like that because they think money grows on trees. If it were that simple, why are they complaining about unfair trade? They can just pluck money off a tree when they need it. This is the world they created when they attempted to takeover the world to create that imperialist system where they would be on top of everything. Why is there cheaper labor overseas? It's because during their venture to takeover the world, they had to destroy other countries' economies so they can have it easier to takeover. Their system's measure of success was they have everything while everyone else has nothing. Key word... nothing. So when the West "decided to embrace human rights" because communism was rearing it's ugly head reminding the world the of magnificence of the West was a wolf in sheep's clothing, they could no longer take from the world and let the world improve their lives. Did the West's embrace of humanity mean they gave back all that they took? Not at all. So everyone else had to start from zero. That's why there's cheaper labor overseas than in the West. And they complain about something that was all their doing in the first place...?
 
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Hendrik_2000

Lieutenant General
Here is how China can store natural gas . They should built ten if not hundred such facilities
China's energy giant Sinopec on Thursday put into use the country's deepest underground natural gas salt cavern storage well, with an injection volume of 190,000 cubic meters made on the first day. The newly-opened Wangchu-6 well, part of salt cavern storage known as Jianghan, runs more than 2,000 meters deep. With a designed capacity of holding up to 4.8 billion cubic meters of gas, Jianghan is scheduled to swing into full operation in 2026.

 
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