Chinese Economics Thread

[Anlsvrthng]

I think it is safe to say no one know any Austrian, Dutch , or Spanish consumer brand : P.
And as a matter of fact there is no known Chinese brand in Europe, but a lot of Japanese . Korean.

The Japanese has similar level of hierarchy like the eastern Europeans, to compensate that the Jap companies try to implement "kaizen" culture, moving down the decision making / organisation improvement job to the lowest possible level.
It works with individual companies, but on a whole economy level it is insufficient, and lead to a national catastrophe - see Japan.

Example in a French plant there is higher autonomy of workers compared to a Polish plant, with more responsibility delegated down and less hierarchy.

But these are the individual companies, the economy level differences showing magnitude bigger gap.

In reality , if a company having a bottom up culture, with weak/ non existing hierarchy then the performance will be twice as high as the rigid one.
The rigid has a pre-defined lead time, the reactions of it is well defined for given conditions, so it is very good for military, firefighting and so on.
But it require a big overhead, and the efficiency of it ( parts or interactions per person per hour) will be inferior compared to a low rigidity structure.

 

[Jura The idiot]

now I read
China announces 3-year tax exemption on interest gains for overseas investors
Xinhua| 2018-11-22 19:03:02

Please, Log in or Register to view URLs content!

China's Ministry of Finance said Thursday that the country will exempt overseas institutional investors from some bond market taxes.

For the next three years beginning Nov. 7 this year, overseas institutional investors will be exempt from paying corporate income tax and value-added tax on their interest gains derived from investment in the country's onshore bond market.

The move aims to further push forward the bond market's opening-up, the ministry said in a statement jointly issued with the State Administration of Taxation.

The tax references will not be eligible for interest incomes of institutions that overseas institutions set up in China, according to the statement.

 

[PiSigma]

I think it is safe to say no one know any Austrian, Dutch , or Spanish consumer brand : P.
And as a matter of fact there is no known Chinese brand in Europe, but a lot of Japanese . Korean.

The Japanese has similar level of hierarchy like the eastern Europeans, to compensate that the Jap companies try to implement "kaizen" culture, moving down the decision making / organisation improvement job to the lowest possible level.
It works with individual companies, but on a whole economy level it is insufficient, and lead to a national catastrophe - see Japan.

Example in a French plant there is higher autonomy of workers compared to a Polish plant, with more responsibility delegated down and less hierarchy.

But these are the individual companies, the economy level differences showing magnitude bigger gap.

In reality , if a company having a bottom up culture, with weak/ non existing hierarchy then the performance will be twice as high as the rigid one.
The rigid has a pre-defined lead time, the reactions of it is well defined for given conditions, so it is very good for military, firefighting and so on.
But it require a big overhead, and the efficiency of it ( parts or interactions per person per hour) will be inferior compared to a low rigidity structure.

I'm pretty sure everyone on the planet that counts heard of Swarovski (Austrian), royal dutch dutch(dutch no shit, in their name), and Zara. (Spain)

I can safely say you have zero industry experience. Different companies (not countries) have different cultures. Even in the same industry. Heck, you can go to two difference startups across the street from each other or two MNCs on the same block in the same industry that operate completely differently.

 

[manqiangrexue]

And as a matter of fact there is no known Chinese brand in Europe, but a lot of Japanese . Korean.

Now I know Huawei is very popular in Europe. Haier electronics such as air conditioners, washers and refriegerators are all over the US (not 100% sure about Europe, but I can probably prove it with a quick Google search if I needed to). So what you just said was a matter of "alternative fact" LOL.

The Japanese has similar level of hierarchy like the eastern Europeans, to compensate that the Jap companies try to implement "kaizen" culture, moving down the decision making / organisation improvement job to the lowest possible level.
It works with individual companies, but on a whole economy level it is insufficient, and lead to a national catastrophe - see Japan.

This is a 180 degree reversal from what you said before. Before, you said that a country needs to put more power and trust on its masses and citizens. Now you are saying that that strategy doesn't work and will lead to national disaster as per Japan's economy. Do you even know what your own position is?

In reality , if a company having a bottom up culture, with weak/ non existing hierarchy then the performance will be twice as high as the rigid one. The rigid has a pre-defined lead time, the reactions of it is well defined for given conditions, so it is very good for military, firefighting and so on.
But it require a big overhead, and the efficiency of it ( parts or interactions per person per hour) will be inferior compared to a low rigidity structure.

Where is this "reality"? What is an example? I have never seen a company not have hierarchy before. That sounds like a bunch of idiots in a garage to me. Every company I know has a rigid structure in which the workers report to supervisors, who report to managers, who report to directors, who report to CEOs and each level gives commands and deadlines to the level beneath it. Without this, people just don't work. Without deadlines, workers get nothing done. Give the company name that has achieved double performance by having a weak/non-existent hierarchy. I wanna know where you got this incredibly idiotic idea from. This whole conversation can't be purely based on your imagination.

 

[AndrewS]

@Anlsvrthng

Please do your research before making any statements. You're just wasting everyone's time and making yourself look foolish

Smartphone Western Europe Market Share 2018Q2

Samsung 32%
Huawei 24%
Apple 22%

Please, Log in or Register to view URLs content!

 

[solarz]

Now I know Huawei is very popular in Europe. Haier electronics such as air conditioners, washers and refriegerators are all over the US (not 100% sure about Europe, but I can probably prove it with a quick Google search if I needed to). So what you just said was a matter of "alternative fact" LOL.

This is a 180 degree reversal from what you said before. Before, you said that a country needs to put more power and trust on its masses and citizens. Now you are saying that that strategy doesn't work and will lead to national disaster as per Japan's economy. Do you even know what your own position is?

Where is this "reality"? What is an example? I have never seen a company not have hierarchy before. That sounds like a bunch of idiots in a garage to me. Every company I know has a rigid structure in which the workers report to supervisors, who report to managers, who report to directors, who report to CEOs and each level gives commands and deadlines to the level beneath it. Without this, people just don't work. Without deadlines, workers get nothing done. Give the company name that has achieved double performance by having a weak/non-existent hierarchy. I wanna know where you got this incredibly idiotic idea from. This whole conversation can't be purely based on your imagination.

Jesus, man, why are you still arguing with this guy? He's obviously like Trump: just make up facts and move on to something else when someone calls him on it. Arguing with people like that is like playing chess with a pigeon.

 

[manqiangrexue]

Jesus, man, why are you still arguing with this guy? He's obviously like Trump: just make up facts and move on to something else when someone calls him on it. Arguing with people like that is like playing chess with a pigeon.

It's fun. I'm sadistic LOL

 

[Anlsvrthng]

Now I know Huawei is very popular in Europe. Haier electronics such as air conditioners, washers and refriegerators are all over the US (not 100% sure about Europe, but I can probably prove it with a quick Google search if I needed to). So what you just said was a matter of "alternative fact" LOL.

This is a 180 degree reversal from what you said before. Before, you said that a country needs to put more power and trust on its masses and citizens. Now you are saying that that strategy doesn't work and will lead to national disaster as per Japan's economy. Do you even know what your own position is?

Try to read again my sentence and re-interpret it.

The issue of Japan is the rigid hierarchical culture.

Where is this "reality"? What is an example? I have never seen a company not have hierarchy before. That sounds like a bunch of idiots in a garage to me. Every company I know has a rigid structure in which the workers report to supervisors, who report to managers, who report to directors, who report to CEOs and each level gives commands and deadlines to the level beneath it. Without this, people just don't work. Without deadlines, workers get nothing done. Give the company name that has achieved double performance by having a weak/non-existent hierarchy. I wanna know where you got this incredibly idiotic idea from. This whole conversation can't be purely based on your imagination.

on one side there is the Valve software, on the other side the military.

And between the two there are many shades.

 

[Anlsvrthng]

@Anlsvrthng

Please do your research before making any statements. You're just wasting everyone's time and making yourself look foolish

Smartphone Western Europe Market Share 2018Q2

Samsung 32%
Huawei 24%
Apple 22%

Please, Log in or Register to view URLs content!

Huawei is the cheap phones offered by the carriers.
Maybe you can consider the market share of "NoName" items, or as a matter the Genius PC accessories . ( how managed the Genius to not to make a valuable brand over 30 years? )

Maybe it has brand value in China (

Please, Log in or Register to view URLs content!

) but outside of China it carry the same value like the "Agriculture Bank of China" brand : P. ( 69th most valuable global brand by Forbes , I am sure it moving lot of premium consumer goods )

But the Samsung / Sony even LG carry value beyond the cost of printing the text.

 

[manqiangrexue]

Try to read again my sentence and re-interpret it.

The issue of Japan is the rigid hierarchical culture.

And then you said they compensated this with Kaizen so it's not so rigid anymore. Otherwise, why would you mention Kaizen? Nobody attributes Japan's economy disaster to hierarchy. You are confusing correlation with causation just like you did before. Just because you have found a culture that has one aspect that you don't like and they had a major issue does NOT mean that that aspect caused the issue. If you saw a man who exercises a lot and he happens to be stupid, you cannot conclude that exercise makes you stupid.

on one side there is the Valve software, on the other side the military.

And between the two there are many shades.

OK, Valve Software. Now describe in detail what the hell you believe goes on in Valve Software that would make you think that they don't have hierarchy. GIVE SOURCES. Don't make things up. Then, explain why you think Valve software has double the performance of companies that implement stricter hierarchy than Valve (such as Microsoft, Google, Apple, etc...).

This is the first step. If you can do both of these (which I doubt you can), then you will have established correlation (even if it is in a lone outlier). Next, you would need to establish causation if you wanted to make your point valid.