Chinese Economics Thread

Michael90

Junior Member
Registered Member
It's times like this which demonstrate the value of democratic centralism over direct democracy. All the screeching ultranationalists have no clue what sensible policy looks like. Just like raising the retirement age, or squeezing the property bubble. Unpopular, yes. But necessary all the same.

A controlled channel for skilled immigrants is a great idea, and well-timed to coincide with the US talent exodus.
Yes i agree. I think the one party's authoritarian system is the best system for China. I have had some comments on chinese social media translated to me by some chinese friends when i was in China years ago. I was shocked by some comments on there. I think the CCP is doing a good job regulating internet in china and having a firm hand on her policy making decisions. A liberal democracy where the public have a major say in policy might be a bad thing for China ironically. The leaders have much more broader knowledge and experience with the world and China, so they havr a better grasps of where china is at the moment and what she needs to keep growing healthily. The decisjon should be left to them to make.
 

zgx09t

Junior Member
Registered Member
It's still in an early stage, so a lot of details are missing, and how it will be done in practice is up for debate.
I'm wondering if this would help, in a way, young mixed Chinese families to have 2 incomes. Normally, foreign spouses are not allowed to work, even though with kids and multiple years residency. So most have only one income, hence the foreign spouse would have YouTube, etc, presence to help support the family. It'd be really nice if this scheme indeed helps those families in a way, since they already have roots firmly settled in China. Or for those who are thinking about it, so they can plan for that scenario accordingly.
 

Michael90

Junior Member
Registered Member
The way you guys are talking to each other reminds me of how some Americans talk to each other in their divided country. I don't have strong opinions, and I think the future is much less certain than people tend to believe. So I will shut up on this.
Calm down. China is not any different from most countries . Chinese are still human beings, forget people who seem to think their country or race is special/exceptional or even superior in this world(they are such people in every country on earth. Lol ). Human beings all display some similar traits/feelings which is normal. So nothing too surprising there. The only issue is that China is much more populous and bigger in size, and as a rising powet attention to them, coupled with the fact that China was a closed up country for decades so people didnt even get to know the countrh and what was really gling onntbere , so it created some form of ignorance and curiosity for some people outside China. But deep down we humans are all similar in some ways, the more you travel the more you notice this, obviously there are also differences some major between countries/continents.
 

ZeEa5KPul

Brigadier
Registered Member
It's still in an early stage, so a lot of details are missing, and how it will be done in practice is up for debate.
I'm wondering if this would help, in a way, young mixed Chinese families to have 2 incomes. Normally, foreign spouses are not allowed to work, even though with kids and multiple years residency. So most have only one income, hence the foreign spouse would have YouTube, etc, presence to help support the family. It'd be really nice if this scheme indeed helps those families in a way, since they already have roots firmly settled in China. Or for those who are thinking about it, so they can plan for that scenario accordingly.
This is such a trivial fraction of people that it's not worth thinking about. This is all much ado about nothing, the number of people outside the Chinese diaspora who speak Chinese is negligible, especially in comparison to the size of China's population. It doesn't rise to the level of rounding error.

The language barrier stands as high as the Tibetan Plateau. This is a visa for diasporoids who are just standard instead of turbo overachievers.
 

Eventine

Senior Member
Registered Member
On the face of it, the K Visa is nothing more than a work visa. The official was correct in stating that it has nothing to do with immigration. The path to permanent residency and naturalization hasn't changed.

But the devil's in the details. We'll just have to see how it's implemented (duration of stay, conditions for renewal, etc.), what sorts of people get it, and how many people get it.
 

enroger

Senior Member
Registered Member
Is it true that Wang Huiyao, chair of the Center for China and Globalisation (CCG) think tank which has long promoted China to change immigration policies is behind the K visa? Apparently he was also the one that pushed for the 2020 Foreign Permanent Resident program. All the establishment think tanks in the US loves Wang Huiyao. Reading some of his articles, he advocates for a US-like immigration policy for China. Looks like K Visa will be just the start. He seems to have quite the influence on decision makers in Beijing too considering he is an advisor to the Chinese premier.

The difference between China and US is that for the US immigration can account for significant proportion of overall population and does indeed impact the job market. Whilst in China, immigration will account for what 0.0000X% of the population?

I can understand the worry people have about job market, but we need to look at the quantitative picture. Even with open immigration, Chinese people will still be competing with 99.9999% of other Chinese and at most 0.00001% of foreigner.

Having said that, the K-visa policy does seem extremely rushed to me, like a lot of details are not thought through. Hopefully it is not really put into practice at the moment until they have a good system in place
 

horse

Colonel
Registered Member
Why should Chinese people have to compete for jobs with foreigners in China?

Yeah, exactly, this is what worries me the most, not about China, because I don't live there, but about Canada.

This AI is wiping out jobs, especially the entry level ones. Then the Canadian government lets in all these foreigners on work visas and student visas which still has a work permit attached to it.

Then we have the fact of the current unemployment rate is around 7% in Canada. Then why let in all these foreigners? These are foreigners.

The way it works, historically speaking, is the government has some responsibility towards its own citizens. We are not really seeing that in Canada at the moment. Apparently that is a problem too in America, how else does Trump get elected.

The point is thus.

The road to hell is paved with good intentions.

So who really knows how this K visa will turn out, if something goes a little weird.
 

horse

Colonel
Registered Member
People in China have to compete against people in other parts of the world already. Whether those other people are in China or not makes no difference.

In a general sense that is true.

But specifically it is the corporations that are the ones at battle here, the workers are the grunts who do what they are told. In short, they takes orders, makes no decisions of consequence usually.

So I think, we are still back at a philosophical question, what does the government owe the people?

A job, or abstract theories?

Since I believe in Chairman Mao, put the people first. Wei ren min fu wu.

But if we serve the people, that kind of means we do not serve the foreigner.

The CCP got to be very careful with this.

(My suspicion is this is not a popular policy, this K-visa, so they put it out there to get blasted! Haha!)

:p
 

broadsword

Brigadier
Yeah, exactly, this is what worries me the most, not about China, because I don't live there, but about Canada.

This AI is wiping out jobs, especially the entry level ones. Then the Canadian government lets in all these foreigners on work visas and student visas which still has a work permit attached to it.

Then we have the fact of the current unemployment rate is around 7% in Canada. Then why let in all these foreigners? These are foreigners.

The way it works, historically speaking, is the government has some responsibility towards its own citizens. We are not really seeing that in Canada at the moment. Apparently that is a problem too in America, how else does Trump get elected.

The point is thus.

The road to hell is paved with good intentions.

So who really knows how this K visa will turn out, if something goes a little weird.

As many of us are already aware, once they come in, prove themselves, and get promoted to top positions, their same old habit of nepotism and tribalism in recruiting their own kind kicks in. They like to use sycophany. After they got their Trojan horses in, they celebrated arrogantly.

It can happen in China if it is not careful.
 

FairAndUnbiased

Brigadier
Registered Member
Because trickles can turn into a deluge. We all saw what happened in the West: from a few guest workers to millions within a generation. Once an interest group is entrenched, it is hard to root out. Under the one-child policy, forced abortions and foreign adoptions became an industry, with officials often corrupted, fighting to keep it going to the detriment of China’s demography.

It’s ironic how the CCP just celebrated kicking out the Japs 80 years ago, only to immediately surrender to the Indians without a fight. I wonder how the four Chinese soldiers martyred in the Galwan clash would feel, knowing their leaders betrayed them.
Bro. Have some confidence.

If China is so shit, nobody will come anyways right? I welcome the K visa for the principle alone. It is a righteous slap to their face.

On XHS I keep getting told "How come nobody comes back to China after leaving". I screenshot every single one and reply the screenshot to those who oppose the K visa.

They said China is a shithole. They said China is 卷. So don't worry about it lol, whose gonna come to a 卷 shithole?

They say China is the country with the lowest salary, worst labor rights, most exploitive bosses in the world and Chinese workers are the most tired. They say China has 0 welfare. 3rd world African level corruption.

OK I agree. So why worry about immigrants taking your job? Nobody will come and those who do will flee after day 1.
 
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