Chinese Economics Thread

FairAndUnbiased

Brigadier
Registered Member
Do you think the government would not have the ability to properly police ammo sales on the black market and prevent gun crimes?
I don't understand the value proposition here.

The market for private firearms even in the US is $28 billion.

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The price imposed by gun violence directly in the US is $550 billion.

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What is the incredible value of personal firearms with no ammo (so they couldn't even be used in self defense) that would necessitate the risk of incurring 20x their cost to public health and safety directly?
 

proelite

Junior Member
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What is the incredible value of personal firearms with no ammo (so they couldn't even be used in self defense) that would necessitate the risk of incurring 20x their cost to public health and safety directly?

They're essentially expensive toys with wide appeal for adults, who would need to travel to a site and pay extra money to enjoy them to the fullest (annual recurring revenue for ammo manufacturers, gun range businesses). There might be a whole industry formed around customizations and aftermarket parts.

I doubt that China ever had the level of gun violence it is in America before 1996 when ownership was mostly legal. Combined with ammo being illegal to own, I don't believe gun violence will be an issue at all.
 

SanWenYu

Captain
Registered Member
Do you think the government would not have the ability to properly police ammo sales on the black market and prevent gun crimes?
It is the cost/return ratio that matters. Do not underestimate the creativity of Chinese. I bet underground ammo factories would mushroom all over the country the next day if the government let go of ban on gun ownership as you are suggesting.
 

proelite

Junior Member
It is the cost/return ratio that matters. Do not underestimate the creativity of Chinese. I bet underground ammo factories would mushroom all over the country the next day if the government let go of ban on gun ownership as you are suggesting.

If we regulate ammo manufacturing, smuggling with the same mechanism as illicit drugs, would that work? Is drug addiction even a thing anymore in China?

Certain class of illegal drugs have medical exemptions, so that parallels with ammo purchase and usage at gun ranges.

Just a thought experiment.

With the level of control and surveillance capabilities of the government and the conformity of Chinese society, I think Chinese citizens can safely given more freedom without the risks involved.

I've always believed that a society can maximize two aspects: security, privacy, and freedom. Given the level of capable surveillance in China, I believe Chinese society can enjoy very high levels of security and freedom. Contrast that with the US where security is sacrificed at the expense of freedom and privacy. Even worse because lack of security equates to lower freedom.

Maybe I am overestimating the surveillance capabilities of the state or underestimating the level of privacy afforded to Chinese citizens lol.
 
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FairAndUnbiased

Brigadier
Registered Member
If we regulate ammo manufacturing, smuggling with the same mechanism as illicit drugs, would that work? Is drug addiction even a thing anymore in China?

Certain class of illegal drugs have medical exemptions, so that parallels with ammo purchase and usage at gun ranges.

Just a thought experiment.

With the level of control and surveillance capabilities of the government and the conformity of Chinese society, I think Chinese citizens can safely given freedom without the risks invovled.
China is not a conformist society so it will be devastating. Did you think Chinese were as conformist as westerners which never had a successful commoner's revolution from the time of Rome until Oliver Cromwell in 1600s?

In fact since the late Qing, Chinese have been referred to as a heap of loose sand.

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Index

Junior Member
Registered Member
I'm going off on a tangent a bit, but I was thinking about the types of laws they can relax or tweak to allow for the creation of new types of businesses to improve consumption or exports.

I think one area in mind is adult-related entertainment. There are popular sites that allow users to request customized sexually explicit content the economics of which would work well in China. I think there can be an exception made for sexually explicit content that has artistic value and promotes traditional family values (no rape, incest, LGBQT, etc). I expect there will be a lot of demand for high-production versions of some wuxia-related material, or an explicit version of Love and Deep Space. China has the largest sex toy industry so it's not as if the government is anti-sex. Of course, the apps, sites, and businesses in this market will be strictly monitored and regulated. The global adult industry might be a $100 billion dollar business, so there is definitely money to be made here.
I don't think such activity should be hosted inside China, as it invariably leads to the exploitation of the actors. And afaik, it already exists in some form, outsourced by Chinese owners to SEA. But there is a caveat here in that China can perhaps within a few decades totally reshore and reshape the global adult entertainment industry through AI and advanced robotics.
Secondly, I think the censorship of media such as games, TV shows, and films should be relaxed regarding violence and adult content. As long as the subject matter is apolitical and doesn't stray too far from Chinese values, it should be tolerated. With the Western entertainment industry self-censoring due to woke politics, I think there is a window of opportunity for Chinese games, TV shows, and movies to take increasingly more market share.

The bonus of the two above businesses is that they are sanction / blacklist / tariff proof.
China is on the cusp of developing a general humanoid service robot. Which will be used for sexual entertainment as well. Probably only China can design the advanced technology at prices consumers can afford. After all if China can make consumer friendly robodog in 2024, a consumer friendly humanoid isn't far off, and the generative AI technology for pseudo-human interaction already exists.

Ironically China buys back a lot of goodwill from western incels if they can put such a product into the market. And a surprising amount of the grifters that US nationalists are appealing to have this background, insecure and frustrated American young males who fear China's international position will doom American living standards and in turn make them wageslave incels for life.

With Chinese advanced robotics they would still be wageslave incels, but they'd have their perfect white, western tradwife to go home to. That would imho make it quite difficult for them to have lasting anger towards China.
 

SanWenYu

Captain
Registered Member
If we regulate ammo manufacturing, smuggling with the same mechanism as illicit drugs, would that work? Is drug addiction even a thing anymore in China?

Certain class of illegal drugs have medical exemptions, so that parallels with ammo purchase and usage at gun ranges.

Just a thought experiment.

With the level of control and surveillance capabilities of the government and the conformity of Chinese society, I think Chinese citizens can safely given freedom without the risks invovled.
Drug abuse and trafficking is still a serious problem in China. Many police officers sacrificed their lives fighting the drug dealers and addicts. The police busted drug shops that had produced tons of drugs, literally. It was rampant between the 90s and the 00s. It is said that there are signs of it coming back. The authorities are on high alert.
 

Wrought

Junior Member
Registered Member
Yeah, I do not understand what is problem Pettis has.

Seems like he is trying to out compete Comrade Chang, but more in a low key way.

That is the only way I can put it.

:oops::D

You are looking at him through too narrow of a lens. He is a pretty standard economist, which means that he has a wonderful theoretical model which explains everything about economics and if only everyone recognized it then he would win a Nobel Prize. But everyone needs to recognize it first, which is why he constantly talks about how China (and Germany, and Argentina, and so on) are all examples of how his model is perfectly correct. And anything which doesn't fit or disproves it is ignored or dismissed. Because reality does not matter; what matters is how reality can be explained by his model. And his model can never be wrong, because then he can't win a Nobel Prize. It's far too late for older economists like him to start from scratch with a new model, so they have no choice but to double down even as time changes the conditions they used to originally create their model. Most economists labor under the same kind of delusion, from Milton Friedman to Paul Krugman to everyone in between, because everyone wants to be the new Keynes.

"It is difficult to get a man to understand something, when his salary depends on his not understanding it."
 
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HighGround

Senior Member
Registered Member
Lol, why you reposting Pettis.

He really isn't all that good of a source on China and China's economy.

For the same reason it's important to have a null hypothesis, an alternative hypothesis, and a hypothesis.

Which is why the US is pushing Samsung, TSMC, Hyundai, Toyota, EVE, CATL, and many others to do FDI in the US. What American companies do you think China is dying for extra FDI from?

"Generally" And Tesla's 4860 cells are in fact on the technological frontier, but yes, most manufacturers outside of China can't build a decent EV to save their life, but technology isn't just "EVs".

I don't understand the value proposition here.

The market for private firearms even in the US is $28 billion.

Please, Log in or Register to view URLs content!

The price imposed by gun violence directly in the US is $550 billion.

Please, Log in or Register to view URLs content!

What is the incredible value of personal firearms with no ammo (so they couldn't even be used in self defense) that would necessitate the risk of incurring 20x their cost to public health and safety directly?
The $550 billion is a made up number.

But to your earlier point, many developed societies do in fact have legal gun ownership. Even in police states like United Kingdom. The gun ownership is heavily regulated and the culture around firearms in those countries is completely different from United States. Which is why they do not suffer from the same gun violence.

The problem with Uinted States is the ease with which any idiot can get a firearm (also why suicide via firearm is common). A total ban on firearms is fine too, most people seem to do just fine without them, but there are benefits to fostering a gunowner community.

Plus, they're also really fun.
 
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