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Overbom

Brigadier
Registered Member
4Runner said:
Also Ant drama reveals one downside of GFW in that Ma took it for granted what gov has been affording to him. What Ma said in that Bund Forum was really really really stupid
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The rules against Ant Group were already on the drawing board. Jack Ma comments merely accelerated these plans and gave the government a good excuse to crack down on it and the whole tech sector.

So, these comments were quite beneficial for the government..
 
4Runner

4Runner

Junior Member
Registered Member
Overbom said:
The rules against Ant Group were already on the drawing board. Jack Ma comments merely accelerated these plans and gave the government a good excuse to crack down on it and the whole tech sector.

So, these comments were quite beneficial for the government..
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Well, your take is a philosophical explanation. Ant headquartered in the district I grew up, not in Hangzhou. Ant could have gone IPO in Hong Kong with expected USD300billion market value. It was his rent that killed that IPO. So not really gov had the foresight or the guts to supersede. So in this regard, you could say that Ma inadvertently gave Xi a great gift he probably did not expect.
 
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Nobaru

Junior Member
Registered Member
4Runner said:

Putin’s War in Ukraine Is a Watershed. Time for America to Get Real.​


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Well, I cannot tell if this is a cool head or wishful thinking. But I welcome that type of thoughts, which US desperately needs right now.
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As long as there is US, it will create trouble. It's time for people to accept the reality .
There is only one solution to this problem
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T

Tyler

Captain
Registered Member
4Runner said:
That is a good point. There is still no comparison between Bidu and Google. But in a sense, GFW doesn't incentivize Bidu to do better and catch up. YouTube is a less threat in that Short video is the way to go inside China, such as Douyin and Kuaishou. Also live stream eco-system really puts China in an advantageous position.

Also Ant drama reveals one downside of GFW in that Ma took it for granted what gov has been affording to him. What Ma said in that Bund Forum was really really really stupid. If GFW was down, Ma would not have had the balls to do that shit to the gov.

Before the recent tech crackdown, the Chinese Internet scene was approaching to a dangerous level and really suffocating startups. One of Xi's greatest achievements is to put those Internet shitheads in their place so that both the public and the startups can develop normally as far as the Internet economy is concerned.
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The technology sector is now laying off people like crazy, affecting the growth of the industry. China's big technology companies are falling behind US competitors.
 
4Runner

4Runner

Junior Member
Registered Member
Tyler said:
The technology sector is now laying off people like crazy, affecting the growth of the industry. China's big technology companies are falling behind US competitors.
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That is not true. If I read this in CNBC, I would consider that as FUD. You have no ideas how those big techs were becoming serious barriers to Xi's dual circulation as well as common prosperity. At least, Kaifu Lee really loves Xi now :cool: And the public is the biggest winner.

Huawei, Huawei, Huawei. Important things need to be repeated 3 times, as Chinese in China love to say nowadays. Huawei is order of magnitude more important to Xi than those top-5 Internet market-cappers combined.

BYD is more important.

China has long been at a point where any Internet commerce is a walk in a park. The fact that FAANG market caps are so ridiculous is a tell-tale that US is out-of-its depth as far as Internet innovation is concerned.

Apple would be under 1T if China decoupled completely.
Tesla would be under 1T if China decoupled completely.
Netflix et al are not tech companies, period.

Do you want me to continue?
 
O

Overbom

Brigadier
Registered Member
So let's see what's happening now on India's neighborhood in South Asia and why Modi should be happy.

For China:
  • Nepal: Signed the US agreement. Semi-gone
  • Sri Lanka: Economic devastation. Gone
  • Pakistan: Couped. Uncertain for China. COAS statement about Russia and US weapons, pointing to downward relations though
  • Bangladesh: US is definetely plotting something there. Recently there have been constant mentions/semi-warnings by China on Bangladesh to not join Quad and do "Bloc politics"
 
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