Chinese Economics Thread
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I took a look at those comments and honestly, they don't affect me at all. They're not based on reality, so why let the delusions of those commenters get to you? The greatest source of hatred (and delusion) in this world is jealousy.
The commenters are probably middle-aged, blue-collar workers in the United States. They haven't done anything with their lives and are unlikely to accomplish anything of note before their deaths. They've been taught that they are superior to Chinese people simply because they are white, yet the reality of our world constantly clashes with their unearned sense of superiority. China, a nation composed of "inferior" Chinese people, is somehow surpassing the United States and that goes against everything they've been taught since birth. So what is the only thing that these pathetic people can do? Vent their frustration on online! I actually know a few of these people in real life (technicians at my university, for instance), so I have a pretty good idea of how their minds work. You don't need to worry about them. Their bodies are rapidly declining due to decades of eating toxic, processed American food. Their wives are obese and they don't get along with their liberal, TikTok-using children. The ability to post nonsense online and receive validation from other losers is probably the only thing keeping them from ending their lives.
Sorry for the long post. My point is, don't worry about those types of comments!
It's not that am worried in a sense that I want those people to love China or heck even like China. It's just that these people are the types of folks that usually vote in the American or western elections which heavily skew and push the political animals in D.C. and elsewhere that are already deep in the anti-China hysteria for political posturing/theater and not actually committed on following through for obvious existential reasons.
I am saddened and frustrated that western understanding of China is very much distorted and stems from the mindset of fascist superiority being that west is best. Hence, every Chinese progress is seen as IP theft, copy cat, stealing etc. robbing the Chinese people any agency or any attributable success not to mention totally deligitimizing the CPC as nothing but mired in corruption, graft, incompetent and military symbolizes all those negative qualities.
The aforementioned supposed defects of China, the CPC/PLA and of the Chinese people are what animate the loud vocal minority and increasingly many people in the west to keep on pushing China's core redlines. The people's thinking ain't exactly that much any difference from the leaders they elected to represent them. Wether that country is Germany, Britain, Italy, India, the Philippines, South Korea, Japan, Chihuahua eastern European countries like Lithuania, Estonia etc...
As for supposed CPC faking of data I can only LOL and wish that countries could emulate the economic development, alleviation of poverty, real economic buying power and per capita income growth of its people that China has manage to achieve. The level of outright stupidity of such takes boggle my mind since many people in the west blindly assume such brain dead comment as insightful analysis.
I fully understand your feelings. It can be frustrating to see idiocy on such a large scale, but at the end of the day you can only control your own thoughts. I wouldn't worry too much about things that are out of my control. A fact that Chinese people need to come to terms with is that China is rapidly becoming the greatest nation on this planet. From this position, the antics of western nations no longer make sense, but they don't need to make sense because China is no longer on the same level as these nations. The best course of action for China is to engage with the elites of western countries while ignoring their idiotic masses. Seriously, don't worry about their opinion of China's progress. I've lived among these people my entire life. Most of them aren't worth our time.
Yahoo comments are usually 8chan tier, if not worse. Mask-off racism and bigotry is as common as dirt, and it's not rare to see actual calls for genocide. Also pretty common for such comments and repeat offenders to be pumped with likes as well, so take that as you will. The comments are an unmoderated mess that's best treated as metaphorical radioactive waste.
China primary strategy should make energy low cost as much as possible and keep improving logistics as automation comes.
Investing in other low cost countries is repeating what those western manufacturing do.
Their boos mean nothing to me as I have seen what they cheer at.
They will live to see the US humiliated and decapitated by the Chinese.
A inverted population pyramid if not corrected is an existential issue for a nation. Optimistically it'll never get to that, but Japan's experience with aging, which began long before China's or Korea's, isn't a particularly hopeful example (Japan's TFR has improved from the bottom, but it's still way below 2.1).
Economically, a sharp collapse in fertility will lead to a lost generation, almost without question. The adjustment required to go from "normal" to "super aged" is just too drastic. Pension systems, property prices, taxation strategies, economic structure, and labor expectations all have to be adjusted. I'd brace for some serious economic effects similar to Japan's and Korea's respective "corrections" in about 20 years time, and much sooner for investments.
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First, Tasmania can do that because it's a tiny state of ~500,000 people. You can't get a proportional number of wealthy people who want to retire in China because 1) there aren't enough rich people in the world for that and 2) China isn't an island paradise.
Second, even if you could, do you really want China to be a vacation country for old people from around the world? I know you're just talking about alternatives here. But I'm pretty sure the Chinese population don't want that for themselves.
There's always places like Tasmania in a country - vacation islands / resort states where the main economic driver is old people bringing their money to retire off of. In China, Hainan is a great example of that. But you can't build a national economy off of that because you need to generate wealth before you can spend it.
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