Chinese Economics Thread

[manqiangrexue]

Is this type of pride not called ignorance or even national chauvinism which could sometimes be used by authoritarian regimes to manipulate and unite them against fake external enemies? Don't see what is worth being less educated, weak, fat and actually stupid. But obviously the world is going in this direction, Americans proud to be American and Chinese being proud just to be born in China, regardless what they have achieved.

Obviously, it is poisonous if it causes people to be content with being fat and stupid; as a matter of fact, America's decline from a once vigorous and innovative nation to one that can't get enough students for STEM majors is caused by this. But as a luxury, nothing feels better than this type of arrogance and pride, not the most decadent food, the most expensive robes nor the most thrilling supercar. However, it will need to be managed. It must not turn into an ignorant drunk redneck sort of arrogance. China must teach that we cannot go the path of the Americans and that our pride needs to be stemmed in how hard we work and how elitely we can train our minds, much like the Spartan arrogance at the height of their power (not near their end of course) knowing that only Spartans and no one else can endure the training that makes them heads and shoulders above all others. Pride must fuel more training to become even better and it must be rooted in how hard we can push ourselves to accomplish more in science and technology while others need softer and easier lives as liberal arts majors.

 

[Maikeru]

Interesting and objective view of China's economy:

 

[abenomics12345]

Yum China earning calls way back last month was pretty good, we should stick to that.

Call "was" good....okay dude.

It *may* (and likely will) get better in the future but keep coping.

Again, you are looking at economical/political/sociological/geopolitical problems through the lens of a finance guy. You see only one dimension of the much bigger problem. You think all those factors mentioned above can't influence the finance too? Especially in a country like the US whose whole existence is basically determined by their hegemonical geopolitical status and who have historic levels of social indicators and divisions pointing to their impeding collapse judging from history books? And you conveniently look just at the positives even within the finance sector, completely overlooking the various debt levels within that country.

Your refusal to put any specific timeline to these issues is really speaking to your personal values and less so to how these things work in reality. American societal rot is feature, not bug. That's how American capitalism works. It might end in 10 years, but it certainly as hell ain't ending tomorrow.

I asked you a specific question as to how long you think this lasts, if you cannot answer that question stop responding with vibes and feels.

 

[abenomics12345]

less competition

leveling the competition

Are you even capable of staying consistent? How do you pick a winner so you have less competition and then also be leveling the competitive landscape?

 

[zgx09t]

View attachment 124094

Call "was" good....okay dude.

It *may* (and likely will) get better in the future but keep coping.



Your refusal to put any specific timeline to these issues is really speaking to your personal values and less so to how these things work in reality. American societal rot is feature, not bug. That's how American capitalism works. It might end in 10 years, but it certainly as hell ain't ending tomorrow.

I asked you a specific question as to how long you think this lasts, if you cannot answer that question stop responding with vibes and feels.

Lol wasn't that your whole spiel dumped here during your last quarter visit to Yum China yada yada so bad so smoky and dark in there drivel?
I was applauding you for your work lol, now you looked surprised and dumbfounded? Mental. Sloppy.
You couldn't even stick it out for Yum China, and now you're the expert in China economy? lol
And I'm the one coping? Shake the bottle before you take it, remember.

 

[Serb]

Are you even capable of staying consistent? How do you pick a winner so you have less competition and then also be leveling the competitive landscape?

Leveling the competition between the state-owned and privately owned parts of the economy as a whole.

This means leaving the state-owned companies operating under the market forces like the private firms are.

But within the private sector itself, especially in regards to emerging and critical tech, still picking winners/champions,

What is so hard to understand in this? Do you lack processing power? This is ownership type vs specific company preferential treatment.

By giving them various preferential loans and finance, public R&D, subsidies, grants, regulations, policies, public contracts, cheaper utilities or materials, advice, infrastructure, digital infrastructure, connections, and export support, than others get.

It will give them a heads up over the competition, giving them more focus and profits for R&D of critical and emerging tech,

Making their firms grab the global market share of these emerging industries faster than any other country.

 

[abenomics12345]

interstate system? No wonder us rail tracks

You may want to consider taking some Adderall as it is pretty clear you do not any capability of staying focused. US Interstate System and US rail tracks are separate systems - I'm more than capable and willing to have a discussion about the two separate systems, but it seems like you have trouble concentrating.

I think some restructuring and transfer of funds from central government to local governments for infrastructure was already done this year.

Where? What? By how much? You think? You feel? Or you know? Vibes and feels aren't sufficient evidence.

Lol wasn't that your whole spiel dumped here during your last quarter visit to Yum China yada yada so bad so smoky and dark in there drivel?
I was applauding you for your work lol, now you looked surprised and dumbfounded? Mental. Sloppy.

I said it wasn't good, and the stock is down - how am I supposed to be surprised?

 

[zgx09t]

You may want to consider taking some Adderall as it is pretty clear you do not any capability of staying focused. US Interstate System and US rail tracks are separate systems - I'm more than capable and willing to have a discussion about the two separate systems, but it seems like you have trouble concentrating.



I said it wasn't good, and the stock is down - how am I supposed to be surprised?

Uhh .. that's why we need smart cookies like you here, without you how could we possibly know roads and rails are two different things, got it.
And what's the roa of interstate system again? You veered off to Adderall.

Jesse, can't even take a good word put in there for you. No, you were not supposed to be surprised, at all.

 

[abenomics12345]

still picking winners/champions,

Who picks winners? You? Me? The genius @zgx09t? The entire notion of the market force is allowing the market to pick winners and losers based on their capability.

And what's the roa of interstate system again? You veered off to Adderall.

Since you're the genius and I'm sloppy, do tell me. I don't know.

 

[zgx09t]

Who picks winners? You? Me? The genius @zgx09t? The entire notion of the market force is allowing the market to pick winners and losers based on their capability.



Since you're the genius and I'm sloppy, do tell me. I don't know.

There you go. So keep quiet about China's ROA if you don't even know stuff about the one you drove on. Fair?