Miscellaneous News

FriedButter

FriedButter

Major
Registered Member
99PLAAFBalloons said:
For those who had the same initial reaction as I did regarding Wind, the paywalled WSJ article specifically mentions "foreign think tanks, research firms and other nonfinancial entities" being unable to renew rather than institutional investors. Yeah, few foreign investors will go deeper than KWEB/FXI or ADRs/HK-listed shares but it would be saddening to impair those who remain interested in investing in onshore equities
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Looks like to me that China has finally decided that the Cold War (and very likely a hot war) is inevitable. Zero reason for China to continue allowing the West to datamine China for economic and military exploits when we are all hurdling towards a clash.

The move came after China revised its Cybersecurity Review Measures in February last year to "strengthen national data security." At the time, the internet watchdog said CNKI contained sensitive information about China's major research projects and technological development.
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M

Michaelsinodef

Senior Member
Registered Member
FriedButter said:
Looks like to me that China has finally decided that the Cold War (and very likely a hot war) is inevitable. Zero reason for China to continue allowing the West to datamine China for economic and military exploits when we are all hurdling towards a clash.
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Yea, it seems like some war preparations is actually being made.

And that the top people in China also considers it very possible that actual military clashes even possibly with US, might happen this decade.
 
99PLAAFBalloons

99PLAAFBalloons

New Member
Registered Member
FriedButter said:
Looks like to me that China has finally decided that the Cold War (and very likely a hot war) is inevitable. Zero reason for China to continue allowing the West to datamine China for economic and military exploits when we are all hurdling towards a clash.
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Yeah I'm not talking about CNKI or other academic databases, Wind has an important place in the financial world for people looking to invest in financial instruments onshore

There is little downside with the current environment. Controls already exist to cap the level of foreign ownership, much of the financial information on Wind is already accessible (it's a matter of convenience) and in the event of a hot war you can always implement capital controls or go after the custodians, which are all Chinese or Chinese subsidiaries
 
K

KYli

Brigadier
PiSigma said:
The sad thing is $11k a month salary is not even very high. There is nothing to flaunt. I have a few cousins all in early 30s that makes about 1M yuan a year working in tech, and they still feel poor. Lol
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I don't think the Chinese government wants the best and brightest to work for the financial sector. High paying financial jobs would only encourage more risk taking. As we knew all new financial innovation for the last few decades only come back to bite the banks. We have witnessed this in 2008 and now repeat it again in 2023. We just never learned because greed is good.
 
B

bettydice

Junior Member
Registered Member
ansy1968 said:
Bro you hit the nail regarding Australia as a Racist nation BUT regarding Japan, SK and even Vietnam they all vie to be the inheritor of the Sinosphere and its culture. We all share the same facial feature and like the Collective West used to say THEY ALL LOOK ALIKE....lol Well brother I won't lose sleep thinking about it, we are returning to the Imperial tributary system with China at its center. It's just a matter of time as the three Asian Country I mentioned and you may include India are seeing country from afar paying tributes and respect to emperor Xi....lol It really VEXED them big time and jealousy played a part as the mandate of heaven as the big Dog of Asia is shifting. ;)
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You're being naive and clueless. You're mistaken if you think homogeneous monoracial/monoethnic societies do not have or have less division and antagonism. They can't accept same/similar-looking fellow kind being superior. People do not think based on what they are, they think based on what they wish to be.

No, SK needs to be reclaimed by North Korea. SK only artificially exists by the U.S. People should stop their lingering obsession with SK. China has been drastically reducing imports from SK unlike from other countries.
 
LawLeadsToPeace

LawLeadsToPeace

Senior Member
Staff member
Moderator - World Affairs
Registered Member
PiSigma said:
The sad thing is $11k a month salary is not even very high. There is nothing to flaunt. I have a few cousins all in early 30s that makes about 1M yuan a year working in tech, and they still feel poor. Lol
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I apologize in advance if this question sounds biting, but are they the type of people who like to buy high end cars, phones, go out and eat at high dining, and/or do anything else of that sort?
 
PiSigma

PiSigma

"the engineer"
LawLeadsToPeace said:
I apologize in advance if this question sounds biting, but are they the type of people who like to buy high end cars, phones, go out and eat at high dining, and/or do anything else of that sort?
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Not really, just cost of living in Shenzhen and Hangzhou is high. Especially cost of apartments in good neighborhood close to work is ridiculous.

It's a big problem everywhere. I live in Calgary and live in inner city, where every house is at least $1M, and they are small houses.

Making a lot of money in a high expense city just means you feel richer when travelling.
 
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