Miscellaneous News

Bellum_Romanum said:

Uniqlo won't choose between U.S. and China, CEO says

Yanai says Japanese companies must look abroad because home market has no future

TOKYO -- Uniqlo will not take sides in the simmering tensions between the U.S. and China, says the CEO of the Japanese casualwear chain's operator, Fast Retailing.

"The U.S. approach is to force companies to show their allegiance. I wanted to show that I won't play that game," Tadashi Yanai told Nikkei recently.

Yanai also notes that behind the war of words between the two global powers, U.S.-Chinese economic ties are actually in very good shape, with solid capital and trade flows.

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I will take Uniqlo words only if they do not boycott Xinjiang's products at least for their products marketed in Asian market! I can understand if they submit to the political pressure in 5-Eyes + Europe but not in ASIA and online listing!

Deed is the only countable currency not the words in today's world! This applies to Uniqlo and any other entity!

I hope all the SDFers here shall agree! We should focus on action instead of words only let alone those noises.... We should not be easily appeased and swayed moreover be cheated. My wife and I are good customers of Uniqlo products. But if they boycott Xinjiang then I won't spend my buck at their stores, and will tell my Chinese friends to do so!

Happy New Year 2022 every one. Wish the 2022 be better than 2021! Cheers

Overbom said:

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Absolutely ridiculous. China should find a way to force them to supply Xinjiang products or allow Xinjiang producers to sue them.

I wonder if there is a way for me to buy Xinjiang products and have it shipped over to Canada. I vote with my wallet

MortyandRick said:

Absolutely ridiculous. China should find a way to force them to supply Xinjiang products or allow Xinjiang producers to sue them.

I wonder if there is a way for me to buy Xinjiang products and have it shipped over to Canada. I vote with my wallet

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US can do this with a Chinese province, yet China is playing so softly with Lithuania, and EU is even less unified than US.

This is just too funny.



This year 44 Indian unicorns – privately held startups valued at more than US$1 billion – were minted as investors piled US$35 billion into the ventures
Foreign investors are choosing India over China because of a clampdown by Beijing on runaway growth in the internet sector, and reining in of big businesses.

And then further in the article it plainly states:

In the startup space, investors this year sank US$54.5 billion into Chinese firms, down from US$73 billion in 2020, analysis by GlobalData showed. India by contrast became more attractive,

Sooo even with the tech crackdown, china still outpaced India with 19.5 billion more in investments and their point is that India is more attractive?

Tyler said:

Are the Germans going to buy Chinese EV brands?

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I don´t think so. The foreign brands are always struggling here, but to admit BMW, Audi, Mercedes and Porsche are really nice brands. For myself I drive a Lexus, only because I don´t want to follow the mass. My best car until now was a Honda Civic and the Lexus.

MortyandRick said:

Absolutely ridiculous. China should find a way to force them to supply Xinjiang products or allow Xinjiang producers to sue them.

I wonder if there is a way for me to buy Xinjiang products and have it shipped over to Canada. I vote with my wallet

Click to expand...

The stupid political dog show has taken over.
Basically they are trying to economically disadvantage a whole ethnic group
Imagine they say "We aren't going to buy any more products made by black people because there are a lot of them in jail"

That being said, it probably makes sense from a geopolitics perspective. The point of pushing Mandarin education in Xinjiang is primarily to enhance social integration and thus enhance economic integration and thereby provide increased opportunity. If they can keep a group "poor and dumb" then they will increasingly grow restless as they lose on economic growth opportunities. Ironically enough, it is precisely this kind of sidelining that has created the black underclass in the USA, a great example is the opposition towards racial integration of schools in the Southern US.

Bellum_Romanum said:

Uniqlo won't choose between U.S. and China, CEO says

Yanai says Japanese companies must look abroad because home market has no future

TOKYO -- Uniqlo will not take sides in the simmering tensions between the U.S. and China, says the CEO of the Japanese casualwear chain's operator, Fast Retailing.

"The U.S. approach is to force companies to show their allegiance. I wanted to show that I won't play that game," Tadashi Yanai told Nikkei recently.

Yanai also notes that behind the war of words between the two global powers, U.S.-Chinese economic ties are actually in very good shape, with solid capital and trade flows.

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I think most business people don't want to be caught up in this political nonsense. Most successful businesspeople are in their position because they make rational/right choices. Most of the political games being played today are not rational.

MortyandRick said:

This is just too funny.

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This year 44 Indian unicorns – privately held startups valued at more than US$1 billion – were minted as investors piled US$35 billion into the ventures
Foreign investors are choosing India over China because of a clampdown by Beijing on runaway growth in the internet sector, and reining in of big businesses.

And then further in the article it plainly states:

In the startup space, investors this year sank US$54.5 billion into Chinese firms, down from US$73 billion in 2020, analysis by GlobalData showed. India by contrast became more attractive,

Sooo even with the tech crackdown, china still outpaced India with 19.5 billion more in investments and their point is that India is more attractive?

Click to expand...

Foreign investment in Chinese tech firms actually increased a lot this year. It is just start-ups getting a much smaller slice from the pie.
This is the problem with most of the media content on China. They focus on bad news while knowingly omitting usually much more significant good news. Fortunately for them, nobody asks how China could increase its importance this much while collapsing every day.


"Strong service sector FDI drove total FDI up to USD142 billion in 10M21, on par with the level for full year 2020. Hi-tech FDI continued to outperform, with inflow measured in Chinese yuan rising by 24% in 10M21, versus a total FDI increase of 18%. This was driven by hi-tech service FDI, which rose by 28% yoy. "

MortyandRick said:

This is just too funny.

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This year 44 Indian unicorns – privately held startups valued at more than US$1 billion – were minted as investors piled US$35 billion into the ventures
Foreign investors are choosing India over China because of a clampdown by Beijing on runaway growth in the internet sector, and reining in of big businesses.

And then further in the article it plainly states:

In the startup space, investors this year sank US$54.5 billion into Chinese firms, down from US$73 billion in 2020, analysis by GlobalData showed. India by contrast became more attractive,

Sooo even with the tech crackdown, china still outpaced India with 19.5 billion more in investments and their point is that India is more attractive?

Click to expand...

Western media is about exaggerating the truth to get clicks and views and ad revenue. Nobody honestly thinks India is surpassing China in anything, so if they omit and passively gloss over some facts for some clicks and views from Jai Hinds, they will do it.

Laviduce said:

Yesterday evening the students of St. Petersburg State University received the following "emergency warning" message:

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This seems more as training. they have assembled informally Turkic states in cold winter. as economic systems will separate after sanctions. i wonder what will be impact on artificial state.

Phead128 said:

We need to win a war to change the alliance structure. Just being big economy and big population won't induce Korea to drop it's alliance. It take a war to do that, if it gets to that point, might as well install your own puppet govt.

Korea will play both sides for maximum benefit, so it's just best for China to keep the status quo forever unless it can be Han dynasty 2.0 and militarily eject US from peninsula and impose it's security architecture on its own terms.

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Does cold war count as a war to change the world order and alliance? US won that one and many former Soviet satellite states are licking the American boots now.

China is in cold war 2.0 with US right now.